Chesapeake Granite Wash Trust (CHKR) Shares Enter Oversold Territory
Posted on May 15, 2012 at 15:57 PM EDT
In trading on Tuesday, shares of Chesapeake Granite Wash Trust (CHKR) entered into oversold territory, changing hands as low as $19.56 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.