El Paso Electric (EE) Shares Enter Oversold Territory
January 03, 2018 at 16:22 PM EST
In trading on Wednesday, shares of El Paso Electric Company (EE) entered into oversold territory, changing hands as low as $53.95 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..