W & T Offshore Stock Getting Very Oversold
August 01, 2014 at 13:01 PM EDT
In trading on Friday, shares of W & T Offshore Inc (WTI) entered into oversold territory, changing hands as low as $12.93 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..