MEP Crosses Critical Technical Indicator
May 04, 2015 at 11:28 AM EDT
In trading on Monday, shares of Midcoast Energy Partners LP (MEP) entered into oversold territory, changing hands as low as $12.95 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..