Shares of GLNG Now Oversold
October 08, 2014 at 11:43 AM EDT
In trading on Wednesday, shares of Golar LNG Ltd (GLNG) entered into oversold territory, changing hands as low as $57.17 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..