Midstates Petroleum (MPO) Shares Enter Oversold Territory
September 30, 2014 at 15:50 PM EDT
In trading on Tuesday, shares of Midstates Petroleum Co Inc (MPO) entered into oversold territory, changing hands as low as $5.12 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..