Shares of PVG Now Oversold
May 16, 2012 at 16:04 PM EDT
In trading on Wednesday, shares of Pretium Resources Inc (PVG) entered into oversold territory, changing hands as low as $10.80 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.