MTDR Crosses Critical Technical Indicator
July 02, 2015 at 15:52 PM EDT
In trading on Thursday, shares of Matador Resources Co (MTDR) entered into oversold territory, changing hands as low as $23.10 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..