Pioneer Energy Services (PES) Shares Enter Oversold Territory
October 02, 2014 at 12:15 PM EDT
In trading on Thursday, shares of Pioneer Energy Services Corp (PES) entered into oversold territory, changing hands as low as $12.10 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..