Baytex Energy Corp Stock Getting Very Oversold
Posted on February 21, 2013 at 11:33 AM EST
In trading on Thursday, shares of Baytex Energy Corp (BTE) entered into oversold territory, changing hands as low as $42.26 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.