El Paso Electric Stock Getting Very Oversold
February 06, 2018 at 11:32 AM EST
In trading on Tuesday, shares of El Paso Electric Company (EE) entered into oversold territory, changing hands as low as $48.15 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..