TECHNICAL
Ticker: RFP
Exchange: XNYS
Previous Close: $12.70
Open: $13.02
Close:$14.79
Postmarket: $14.76
Premarket: $14.76
52wk High: $15.12
52wk Low: $1.34
Industry: Paper & Forest Products
Sector: Manufacturing
Market Cap: $1,176,462,000
Volume: 3,733,434
AvgV: 654,646
RVOL / Vol%:____5.70____570.30%
Gap%: 2.50%
ATR: $0.68
Short Float/Short Interest: 3.18%
Float: 49.38
VWAP: $14.41
BETA: 3.42
20-SMA: 37.70%
50-SMA: 48.80%
200-SMA: 136.80%
Insider Own: 38.89%
Institutional Own: 46.24%
CATALYST: Resolute Forest Products is estimated to be significantly overvalued by Gurufocus and expects a lower return in the future. This news came in at midday and I will use it to trade RFP in the coming days, but only if RVOL is there.
MARKET OVERVIEW - INDICES / ETF
DJI____34,200.67____0.48%____164.68
COMP____14,052.34____0.10%____13.58
INX____4,185.47____0.36%____15.05
SPY____417.26____0.33%____1.39
QQQ____342.01____0.12%____0.40
VIX____16.25____-1.93%____0.32
TRADE: Shorting based on tape momentum. I have started to notice held bids which help me cover.
Execution detail:
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!