Teekay Tankers (TNK) Shares Enter Oversold Territory
June 23, 2020 at 11:45 AM EDT
In trading on Tuesday, shares of Teekay Tankers Ltd (TNK) entered into oversold territory, changing hands as low as $12.93 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..