Shares of ETE Now Oversold
January 14, 2015 at 11:23 AM EST
In trading on Wednesday, shares of Energy Transfer Equity L P (ETE) entered into oversold territory, changing hands as low as $49.76 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..