Shares of RBY Now Oversold
Posted on January 28, 2013 at 13:32 PM EST
In trading on Monday, shares of Rubicon Minerals Corp (RBY) entered into oversold territory, changing hands as low as $2.25 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.