Concho Resources (CXO) Shares Enter Oversold Territory
December 15, 2014 at 16:03 PM EST
In trading on Monday, shares of Concho Resources Inc (CXO) entered into oversold territory, changing hands as low as $82.31 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..