Sunoco LP (SUN) Shares Enter Oversold Territory
August 09, 2024 at 11:24 AM EDT
In trading on Friday, shares of Sunoco LP (SUN) entered into oversold territory, changing hands as low as $50.50 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..