Banro Corporation Stock Getting Very Oversold
Posted on December 05, 2012 at 16:02 PM EST
In trading on Wednesday, shares of Banro Corporation (BAA) entered into oversold territory, changing hands as low as $3.13 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.