We computed the RSI values of all dividend ETFs in the U.S. and in Canada. Below is the table showing them sorted by RSI7- daily (short term)
(please click to enlarge)
There are NO dividend ETFs that are oversold in the short term. The closest are DFJ and DXJ, both on Japanese dividend stocks. Please refer to our recent posts on the state of Japan...
As for overbought, DOD and XDV.TO (Canada Select Div) lead the pack. The DOD is the "Dogs iof the Dow" (!), which tracks the Dow Jones Industrial Average Select Yield, which is the top 10 stocks with the highest indicated annual dividend yield. We are serious.
Note: You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).
Please do your own due dilligence.
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