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Shares RSIs, highs and lows

A look at shares trading at significant levels today.

Consumer spending in the UK might be on the up, but that hasn’t stopped Carpetright, Dunelm and Kingfisher all cropping up on the oversold list this morning.

Meanwhile, we welcome Cairn Energy to the overbought list. Although dropping back today, this company, one of the best performers in the FTSE 350 over the past two months, continues to enjoy buying momentum. The same can be said of Vedanta, which is still rallying after an excellent performance in May.

Relative Strength Index (RSI)*

Company

Share Price

Oversold

Company

Share Price

Overbought

Fenner 336.1 22.23 Smith & Nephew 1118

77.43

Carpetright 518.5 24.38 Vedanta Resources 1182 76.53
Dunelm Group 862 27.40 Devro 268.25 75.13
AZEM-UK 388.75 27.74 Heritage Oil

318.1

75.12
Kingfisher 380.9 30.24 3i Infrastructure 139.3 74.13
Ferrexpo

134.6

31.43 Cairn Energy 200.2 73.88
Kenmare Resources 9.8 31.97 Rexam 533.5 71.55

 

Tesco and Morrisons remain under pressure, with the chairman of the latter departing before he was pushed. Some fund managers are calling for the Tesco CEO to go as well, and unless performance improves these calls will only intensify. Debenhams is suffering too, with 70p marking the low over the past year.

Highs/Lows**

Company

Share Price

% off 52-week high

Company

Share Price

% off 52-week low

Lamprell 169.5 0.00% Experian 1027

0.88%

United Utilities Group 878 -0.34% Kenmare Resources 9.8 1.03%
Bunzl 1683 -0.53% Intertek 2863 2.69%
Reckitt Benckiser Group 5120 -0.68% GlaxoSmithKline

1576

3.14%
Pennon Group 784 -0.76% WM Morrison Supermarkets 192.3 4.28%
Go-Ahead Group

2265

-0.79% Tesco 291 4.49%
Shire 3527 -1.51% Lonmin 244.4 4.58%
Imperial Tobacco Group 2672 -1.51% Debenhams 74.15 4.66%
Smith & Nephew 1118 -1.58% Dunelm Group 862 5.12%
Provident Financial 2108 -1.59% Carpetright 518.5 5.17%

 

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