Traders and investors analyze technical indicators when making market entry and exit decisions. Moving averages and the RSI (relative strength index) are among the most widely used technical indicators.
Generally, an RSI of below 30 signifies that a stock has been oversold, while an RSI of above 70 indicates that a stock has been overbought.
100-day moving average
On May 15, 2017, DISH Network (DISH) was trading 0.8% below its 100-day moving average. In comparison, Comcast (CMCSA) was trading 5.3% above its 100-day moving average, and The Walt Disney Company (DIS) was trading 1.7% below its 100-day moving average. Time Warner (TWX) was trading 1.6% above its 100-day moving average on the same day.
DISH currently has a 14-day RSI of 45. In comparison, Disney has a 14-day RSI of 21, which leads us to believe that DISH stock is in overbought territory.
Dish makes up 0.07% of the SPDR S&P 500 ETF (SPY). SPY has an exposure of 4.4% to the computers sector.