Shares of ENLK Now Oversold
July 31, 2014 at 12:12 PM EDT
In trading on Thursday, shares of EnLink Midstream Partners LP (ENLK) entered into oversold territory, changing hands as low as $29.92 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..