Shares of FRO Now Oversold
November 27, 2017 at 11:29 AM EST
In trading on Monday, shares of Frontline Ltd (FRO) entered into oversold territory, changing hands as low as $5.43 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..