Enerplus Stock Getting Very Oversold
August 14, 2014 at 16:02 PM EDT
In trading on Thursday, shares of Enerplus Corp (ERF) entered into oversold territory, changing hands as low as $21.49 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..