Shares of WFRD Now Oversold
December 20, 2024 at 17:03 PM EST
In trading on Friday, shares of Weatherford International plc (WFRD) entered into oversold territory, changing hands as low as $66.23 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..