Hornbeck Offshore Services Stock Getting Very Oversold
September 08, 2014 at 11:56 AM EDT
In trading on Monday, shares of Hornbeck Offshore Services Inc (HOS) entered into oversold territory, changing hands as low as $39.16 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..