Shares of TNK Now Oversold
October 28, 2024 at 11:24 AM EDT
In trading on Monday, shares of Teekay Tankers Ltd (TNK) entered into oversold territory, changing hands as low as $48.575 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..