Rowan Companies Stock Getting Very Oversold
March 09, 2017 at 11:25 AM EST
In trading on Thursday, shares of Rowan Companies plc (RDC) entered into oversold territory, changing hands as low as $15.61 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..