GeoResources Inc (GEOI) Shares Enter Oversold Territory
July 25, 2012 at 11:48 AM EDT
In trading on Wednesday, shares of GeoResources Inc (GEOI) entered into oversold territory, changing hands as low as $34.234 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.