Shares of VRN Now Oversold
June 14, 2024 at 11:38 AM EDT
In trading on Friday, shares of Veren Inc (VRN) entered into oversold territory, changing hands as low as $7.36 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..