Phillips 66 Partners (PSXP) Shares Enter Oversold Territory
May 10, 2016 at 11:25 AM EDT
In trading on Tuesday, shares of Phillips 66 Partners LP (PSXP) entered into oversold territory, changing hands as low as $52.08 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..