Shares of CJES Now Oversold
July 17, 2015 at 11:41 AM EDT
In trading on Friday, shares of C&J Energy Services Ltd (CJES) entered into oversold territory, changing hands as low as $10.83 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..