Whiting USA Trust II Stock Getting Very Oversold
Posted on May 16, 2012 at 11:49 AM EDT
In trading on Wednesday, shares of Whiting USA Trust II (WHZ) 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.