MTDR Stock Crowded With Sellers
December 01, 2014 at 12:25 PM EST
In trading on Monday, shares of Matador Resources Co (MTDR) entered into oversold territory, changing hands as low as $15.94 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..