Boardwalk Pipeline Partners LP Stock Getting Very Oversold
Posted on June 01, 2012 at 12:21 PM EDT
In trading on Friday, shares of Boardwalk Pipeline Partners LP (BWP) entered into oversold territory, changing hands as low as $25.15 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.