Peabody Energy Stock Getting Very Oversold
March 15, 2023 at 15:56 PM EDT
In trading on Wednesday, shares of Peabody Energy Corp (BTU) entered into oversold territory, changing hands as low as $22.40 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..
