Shares of NX Now Oversold
Posted on March 12, 2013 at 11:42 AM EDT
In trading on Tuesday, shares of Quanex Building Products Corp (NX) entered into oversold territory, changing hands as low as $17.67 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.