China Natural Resources Inc Stock Getting Very Oversold
Posted on December 19, 2012 at 16:37 PM EST
In trading on Wednesday, shares of China Natural Resources Inc (CHNR) entered into oversold territory, changing hands as low as $4.25 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.