Basic Energy Services (BAS) Shares Enter Oversold Territory
August 09, 2017 at 15:55 PM EDT
In trading on Wednesday, shares of Basic Energy Services Inc (BAS) entered into oversold territory, changing hands as low as $16.33 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..