ArcelorMittal SA (MT) Shares Enter Oversold Territory
March 04, 2013 at 11:35 AM EST
In trading on Monday, shares of ArcelorMittal SA (MT) entered into oversold territory, changing hands as low as $14.05 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.