CEMIG Shares Enter Oversold Territory
September 09, 2014 at 15:51 PM EDT
In trading on Tuesday, shares of Companhia Energetica de Minas Gerais - CEMIG (CIG) entered into oversold territory, changing hands as low as $7.78 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..