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Tale of the Tape

Zacks Equity Research

CNOOC Limited is now in Oversold Territory
December 18, 2013


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CNOOC Limited’s (CEO - Analyst Report) share price has entered into oversold territory with an RSI value of 25.1. The Zacks Consensus Estimate on CNOOC Limited’s earnings for the full year period has profit of 0.00 cents over the past two months to $0.04 per share. Currently, CNOOC Limited is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (CEO - Analyst Report) after its recent drop.