Rio Tinto (RIO) Shares Enter Oversold Territory
August 26, 2015 at 12:18 PM EDT
In trading on Wednesday, shares of Rio Tinto plc (RIO) entered into oversold territory, changing hands as low as $34.15 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..