TC PipeLines Stock Getting Very Oversold
January 13, 2015 at 16:00 PM EST
In trading on Tuesday, shares of TC PipeLines, LP (TCP) entered into oversold territory, changing hands as low as $62.10 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..