Shares of TK Now Oversold
October 14, 2014 at 11:33 AM EDT
In trading on Tuesday, shares of Teekay Corp (TK) entered into oversold territory, changing hands as low as $49.7835 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..