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On Thursday, shares of Plains GP Holdings LP (PAGP) dropped to $16.84 per share, entering oversold territory with a Relative Strength Index (RSI) of 28.2. Typically, a stock is considered oversold when its RSI falls below 30. In comparison, the average RSI for energy stocks is 48.2, with WTI Crude Oil at 31.4 and Henry Hub Natural Gas at 41.7.
PAGP’s 52-week performance shows a low of $16.605 and a high of $22.305. The last trade price was $16.89, reflecting a decline of about 1.5% for the day.
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