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Add as a preferred source on GoogleOil Futures Drop More Than $2; Energy Stocks Face Pressure
Energy Fuels had the lowest relative strength index reading in a screen of 10 energy stocks with market capitalizations above $2 billion.
Oil futures fell more than $2 a barrel Wednesday during volatile trading, while energy shares came under pressure. Traders were weighing the outlook for the U.S.-Iran conflict after a major midterm setback for President Donald Trump's Republican Party.
A screen covering 10 energy stocks with market capitalizations above $2 billion ranked Energy Fuels lowest on the relative strength index (RSI), at 26. Peabody Energy followed at 29, and BKV had a reading of 33.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.