Edison International (EIX) Shares Enter Oversold Territory
Posted on November 15, 2012 at 16:33 PM EST
In trading on Thursday, shares of Edison International (EIX) entered into oversold territory, changing hands as low as $43.55 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.