Shares of CNP Now Oversold
Posted on November 09, 2012 at 16:15 PM EST
In trading on Friday, shares of CenterPoint Energy, Inc (CNP) entered into oversold territory, changing hands as low as $20.12 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.