Shares of MEMP Now Oversold
May 19, 2015 at 11:55 AM EDT
In trading on Tuesday, shares of Memorial Production Partners LP (MEMP) entered into oversold territory, changing hands as low as $14.51 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..