Ensco Shares Enter Oversold Territory
March 02, 2015 at 11:28 AM EST
In trading on Monday, shares of Ensco plc (ESV) entered into oversold territory, changing hands as low as $23.41 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..