SJT Stock Crowded With Sellers
Posted on August 30, 2012 at 11:40 AM EDT
In trading on Thursday, shares of San Juan Basin Royalty Trust (SJT) entered into oversold territory, changing hands as low as $13.16 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.