Energy XXI Bermuda Stock Getting Very Oversold
September 18, 2014 at 12:14 PM EDT
In trading on Thursday, shares of Energy XXI Bermuda Ltd (EXXI) entered into oversold territory, changing hands as low as $14.13 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..