SMLP Crosses Critical Technical Indicator
August 06, 2015 at 12:06 PM EDT
In trading on Thursday, shares of Summit Midstream Partners LP (SMLP) entered into oversold territory, changing hands as low as $24.71 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..