Shares of MUSA Now Oversold
Posted on August 23, 2012 at 15:59 PM EDT
In trading on Thursday, shares of Metals USA Holdings Corp (MUSA) entered into oversold territory, changing hands as low as $13.64 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.