Companhia Siderurgica Nacional Stock Getting Very Oversold
April 25, 2022 at 11:49 AM EDT
In trading on Monday, shares of Companhia Siderurgica Nacional (SID) entered into oversold territory, changing hands as low as $4.22 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..
