Shares of VEDL Now Oversold
June 29, 2015 at 11:37 AM EDT
In trading on Monday, shares of Vedanta Ltd (VEDL) entered into oversold territory, changing hands as low as $10.65 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..