NOR Stock Crowded With Sellers
May 15, 2012 at 16:23 PM EDT
In trading on Tuesday, shares of Noranda Aluminum Holding Corp (NOR) entered into oversold territory, changing hands as low as $8.06 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.