PetroChina Stock Getting Very Oversold
March 10, 2017 at 11:24 AM EST
In trading on Friday, shares of PetroChina Co Ltd (PTR) entered into oversold territory, changing hands as low as $72.92 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..