- RSI is at a high level of 86. A high level of RSI indicates the stock is overbought.
- MACD is crossing MACD signal line at 0.2. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Silver Ring Value Partners recently released its Q4 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 26.6% for the last 12 months (net), outperforming its benchmark, the Russell 3000 Index which returned 20.9% in the same period. You should check out Silver Ring Value Partners’ top […]
In this article, we presented billionaire John Paulson’s top 10 stock picks. Click to skip ahead and see Billionaire John Paulson’s Top 5 Stock Picks. The investing guru billionaire John Paulson, who converted his hedge fund into a family office in 2020, has benefited from its bullish bets on gold and healthcare stocks in 2020 […]
A Relative Strength Rating upgrade for Discovery Communications shows improving technical performance.
Discovery Communications Inc. (NASDAQ: DISCA) has been working on a streaming video platform for five years with the objective of transforming the media company from a "cable and free-to-air company to a global IP company," Discovery CEO David Zaslav said during a Bloomberg interview.Competitive Advantage: Discovery's 2018 acquisition of Scripps Networks created a new entity that fits in with the company's longer-term streaming plans, the CEO said. Most notably, platforms like the Food Network a...
David Zaslav, Discovery Inc. CEO and President, joins Yahoo Finance's Kristin Myers and Andy Serwer to discuss the launch of the company's new streaming service, Discovery+, and how COVID-19 has impacted business.
David Zaslav, Discovery Inc. CEO and President, joins Yahoo Finance’s Kristin Myers and Andy Serwer to discuss the launch of Discovery’s new streaming platform, Discovery+.
Roku (NASDAQ:ROKU) rose 4% after getting a Street-high price target from Wells Fargo (NYSE:WFC), ahead of a potential acquisition of Quibi. The firm boosted its price target on the streaming provider to $414 from $275 as we keep streaming. Wells Fargo is seeing opportunity in AVOD: advertising-based video on demand, in which ad revenue is used to offset production and hosting costs.
Discovery (DISCA) enters the online streaming space with discovery+, which will be available in the United States on Amazon Fire Tv, Roku and other platforms, from Jan 4.
Discovery signed a long-term multiplatform agreement under which Vodafone would roll out the Discovery+ streaming service in 12 European markets.