Panhandle Oil & Gas Stock Getting Very Oversold
July 23, 2015 at 11:50 AM EDT
In trading on Thursday, shares of Panhandle Oil & Gas Inc (PHX) entered into oversold territory, changing hands as low as $17.25 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..