Enlight Renewable Energy (ENLT) Shares Enter Oversold Territory
August 02, 2024 at 11:22 AM EDT
In trading on Friday, shares of Enlight Renewable Energy Ltd (ENLT) entered into oversold territory, changing hands as low as $14.37 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..