XEC Stock Crowded With Sellers
November 04, 2016 at 16:15 PM EDT
In trading on Friday, shares of Cimarex Energy Co (XEC) entered into oversold territory, changing hands as low as $119.18 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..