Rowan Companies (RDC) Shares Enter Oversold Territory
August 05, 2014 at 16:09 PM EDT
In trading on Tuesday, shares of Rowan Companies plc (RDC) entered into oversold territory, changing hands as low as $29.80 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..