May 21, 2013

Carbo Ceramics Stock Getting Very Oversold

In trading on Friday, shares of Carbo Ceramics Inc. (NYSE: CRR) entered into oversold territory, changing hands as low as $98.88 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.

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Carbo Ceramics Stock Getting Very Oversold