Shares of LYDIF Now Oversold
Posted on December 21, 2012 at 11:44 AM EST
In trading on Friday, shares of Lydian International Ltd (LYDIF) entered into oversold territory, changing hands as low as $1.934 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.