First Majestic Silver Stock Getting Very Oversold
January 19, 2016 at 11:51 AM EST
In trading on Tuesday, shares of First Majestic Silver Corp (AG) entered into oversold territory, changing hands as low as $2.50 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..