AMPY Crosses Critical Technical Indicator
December 07, 2022 at 15:48 PM EST
In trading on Wednesday, shares of Amplify Energy Corp (AMPY) entered into oversold territory, changing hands as low as $7.29 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..