Scorpio Mining Corp (SMNPF) Shares Enter Oversold Territory
Posted on February 12, 2013 at 12:19 PM EST
In trading on Tuesday, shares of Scorpio Mining Corp (SMNPF) entered into oversold territory, changing hands as low as $0.862 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.