PNM Resources Stock Getting Very Oversold
April 21, 2016 at 11:26 AM EDT
In trading on Thursday, shares of PNM Resources Inc (PNM) entered into oversold territory, changing hands as low as $31.00 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..