El Paso Electric Company Shares Enter Oversold Territory
May 18, 2016 at 15:53 PM EDT
In trading on Wednesday, shares of El Paso Electric Company (EE) entered into oversold territory, changing hands as low as $42.75 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..