Mechel PAO Stock Getting Very Oversold
June 19, 2018 at 11:36 AM EDT
In trading on Tuesday, shares of Mechel PAO (MTL) entered into oversold territory, changing hands as low as $3.13 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..