Valero Energy Stock Getting Very Oversold
October 19, 2020 at 16:11 PM EDT
In trading on Monday, shares of Valero Energy Corp (VLO) entered into oversold territory, changing hands as low as $39.15 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..