Shares of Black Stone Minerals LP (BSM) fell to $14.25, entering oversold territory with an RSI reading of 28.3. The energy stock universe averages an RSI of 40.0, while WTI Crude Oil is at 44.9. BSM’s 52-week range is $11.43 to $20.24, currently trading at $14.46. Investors may see this as a buying opportunity as selling pressure eases. BSM is down 2.5% for the day. Check out other oversold energy stocks to watch.
Read more at Nasdaq: Black Stone Minerals Stock Getting Very Oversold