| Stillwater Mining (SWC) Enters Overbought Territory | |
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Stillwater Mining Company SWC has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because SWC is now in overbought territory with an RSI value of 71.82. What is RSI? RSI stands for ‘Relative Strength Index’ and it is a popular indicator used by technically focused investors. It compares the average of gains in days that closed up to the average of losses in days that closed down; readings above 70 suggest an asset is overbought, while an RSI below 30 suggests undervalued conditions are present. Other Factors Yet SWC’s high RSI value isn’t the only reason for investors to be concerned, as there has been some decidedly negative earnings estimate revisions in Stillwater Mining’s stock as of late. This is especially true when investors dive into some of these revisions in order to get a better picture of SWC’s prospects for the near term. Over the past two months, investors have witnessed 2 earnings estimate revisions lower compared to none higher for the current year. The consensus estimate for SWC has also been on a downward trend over the same time period too, as the estimate has fallen from $0.43/share two months ago to just $0.25/share today. If this wasn’t enough, Stillwater Mining also has a Zacks Rank #4 (Sell)which puts it into unfortunate company among its peers. So, given all of these factors, investors may want to consider exiting this stock now before it falls back to Earth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report STILLWATER MNG (SWC): Free Stock Analysis Report To read this article on Zacks.com click here.
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : SWC |
ISIN : US86074Q1022 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Stillwater Mining is a copper and nickel producing company based in United states of america. Stillwater Mining produces copper, nickel, palladium, pgm and platinum in USA, and holds various exploration projects in Canada. Its main assets in production are EAST BOULDER MINE, STILLWATER MINE and EAST BOULDER in USA and its main exploration property is SIM LAKE in Canada. Stillwater Mining is listed in Germany and in United States of America. Its market capitalisation is 854.0 millions as of today (€ 784.0 millions). Its stock quote reached its lowest recent point on November 21, 2008 at 1.76, and its highest recent level on May 03, 2017 at 18.00. Stillwater Mining has 47 442 200 shares outstanding. |