GLRI Crosses Critical Technical Indicator
July 24, 2014 at 15:51 PM EDT
In trading on Thursday, shares of Glori Energy Inc (GLRI) entered into oversold territory, changing hands as low as $8.09 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..