Permian Resources (PR) Shares Enter Oversold Territory
May 23, 2024 at 15:52 PM EDT
In trading on Thursday, shares of Permian Resources Corp (PR) entered into oversold territory, changing hands as low as $15.52 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..