RYI Crosses Critical Technical Indicator
January 07, 2015 at 16:03 PM EST
In trading on Wednesday, shares of Ryerson Holding Corp (RYI) entered into oversold territory, changing hands as low as $8.058 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..