Relative strength alert for international scientific applications
of Dividend rank in the ceremony dividend channel ranks its coverage universe of thousands of dividend stocks according to a proprietary formula designed to identify stocks that combine two important characteristics: strong fundamentals and seemingly cheap valuations. Science Applications International Corp (symbol: SAIC) currently ranks above average within the top 50% of its scope. This suggests that it ranks among the most “interesting” ideas worthy of further investigation by investors.
But what makes Science Applications International Corporation an even more interesting and timely stock to watch is that SAIC stock entered oversold territory in Tuesday trading, trading as low as $126.05 per share. The fact is that the . We use the Relative Strength Index (RSI) to define oversold areas. RSI is a technical analysis indicator used to measure momentum on a scale of 0 to 100. A stock is considered oversold when the RSI reading falls below 30. Science Applications International Corp's RSI reading hit 29.2. By comparison, dividend channel The current average RSI is 51.9. All else being equal, a falling stock price creates an opportunity for higher yields for dividend investors. In fact, SAIC's most recent annual dividend was $1.48 per share (currently paid quarterly), giving it an annualized yield of 1.15% based on the recent stock price of $128.40.
Bullish investors could view SAIC Motor Corporation's 29.2 RSI reading today as a sign that the recent heavy sell-off is reaching its limit and start looking for entry point opportunities on the buy side. Among the fundamental data points dividend investors should examine to determine whether they are bullish on SAIC is its dividend history. In general, dividends are not always predictable. However, looking at the history graph below can help you decide whether the most recent dividend is likely to continue.
Click here to see 9 other oversold dividend stocks you should know about »
See also:
• Barry Rosenstein Stock Picks
• Ulta Beauty Institutional Holders
• Luther Burbank's historical PER
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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of Dividend rank in the ceremony dividend channel ranks its coverage universe of thousands of dividend stocks according to a proprietary formula designed to identify stocks that combine two important characteristics: strong fundamentals and seemingly cheap valuations. Science Applications International Corp (symbol: SAIC) currently ranks above average within the top 50% of its scope. This suggests that it ranks among the most “interesting” ideas worthy of further investigation by investors.
But what makes Science Applications International Corporation an even more interesting and timely stock to watch is that SAIC stock entered oversold territory in Tuesday trading, trading as low as $126.05 per share. The fact is that the . We use the Relative Strength Index (RSI) to define oversold areas. RSI is a technical analysis indicator used to measure momentum on a scale of 0 to 100. A stock is considered oversold when the RSI reading falls below 30. Science Applications International Corp's RSI reading hit 29.2. By comparison, dividend channel The current average RSI is 51.9. All else being equal, a falling stock price creates an opportunity for higher yields for dividend investors. In fact, SAIC's most recent annual dividend was $1.48 per share (currently paid quarterly), giving it an annualized yield of 1.15% based on the recent stock price of $128.40.
Bullish investors could view SAIC Motor Corporation's 29.2 RSI reading today as a sign that the recent heavy sell-off is reaching its limit and start looking for entry point opportunities on the buy side. Among the fundamental data points dividend investors should examine to determine whether they are bullish on SAIC is its dividend history. In general, dividends are not always predictable. However, looking at the history graph below can help you decide whether the most recent dividend is likely to continue.
Click here to see 9 other oversold dividend stocks you should know about »
See also:
• Barry Rosenstein Stock Picks
• Ulta Beauty Institutional Holders
• Luther Burbank's historical PERThe views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/articles/relative-strength-alert-for-science-applications-international-0 Relative strength alert for international scientific applications