Shares of GLRI Now Oversold
October 22, 2014 at 16:01 PM EDT
In trading on Wednesday, shares of Glori Energy Inc (GLRI) entered into oversold territory, changing hands as low as $5.29 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..