WFT Crosses Critical Technical Indicator
July 24, 2015 at 15:53 PM EDT
In trading on Friday, shares of Weatherford International plc (WFT) entered into oversold territory, changing hands as low as $10.59 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..