CDEV Crosses Critical Technical Indicator
July 05, 2022 at 11:24 AM EDT
In trading on Tuesday, shares of Centennial Resource Development Inc (CDEV) entered into oversold territory, changing hands as low as $5.37 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..