Vedanta (VEDL) Shares Enter Oversold Territory
October 11, 2018 at 12:20 PM EDT
In trading on Thursday, shares of Vedanta Ltd (VEDL) entered into oversold territory, changing hands as low as $11.14 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..