SDLP Stock Crowded With Sellers
October 10, 2014 at 11:30 AM EDT
In trading on Friday, shares of Seadrill Partners LLC (SDLP) entered into oversold territory, changing hands as low as $28.192 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..