ELP Crosses Critical Technical Indicator
August 31, 2015 at 11:36 AM EDT
In trading on Monday, shares of Companhia Paranaense De Energia - COPEL (ELP) entered into oversold territory, changing hands as low as $8.05 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..