In trading on Thursday, shares of TETRA Technologies, Inc. ( TTI) entered into oversold territory, changing hands as low as $11.285 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. A stock is considered to be oversold if the RSI reading falls below 30.In the case of TETRA Technologies, Inc., the RSI reading has hit 29.0 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 49.6, the RSI of WTI Crude Oil is at 32.7, and the RSI of Henry Hub Natural Gas is presently 39.8. A bullish investor could look at TTI's 29.0 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), TTI's low point in its 52 week range is $7.90 per share, with $13.4099 as the 52 week high point — that compares with a last trade of $11.38. TETRA Technologies, Inc. shares are currently trading off about 4.7% on the day. According to the ETF Finder at ETF Channel, TTI makes up 3.43% of the S&P SmallCap Energy Portfolio ETF ( PSCE) which is trading lower by about 1% on the day Thursday.