Shares of NMG Now Oversold
July 12, 2022 at 22:49 PM EDT
In trading on Tuesday, shares of Nouveau Monde Graphite Inc (NMG) entered into oversold territory, changing hands as low as $3.90 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..