CXO Stock Crowded With Sellers
August 24, 2015 at 15:57 PM EDT
In trading on Monday, shares of Concho Resources Inc (CXO) entered into oversold territory, changing hands as low as $93.31 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..