SDRL Stock Crowded With Sellers
October 27, 2014 at 12:16 PM EDT
In trading on Monday, shares of Seadrill Ltd (SDRL) entered into oversold territory, changing hands as low as $22.33 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..