Shares of HBM Now Oversold
September 15, 2014 at 16:06 PM EDT
In trading on Monday, shares of HudBay Minerals Inc (HBM) entered into oversold territory, changing hands as low as $9.69 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..