Seadrill Stock Getting Very Oversold
December 23, 2024 at 15:51 PM EST
In trading on Monday, shares of Seadrill Ltd (SDRL) entered into oversold territory, changing hands as low as $35.45 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..
