New Found Gold Stock Getting Very Oversold
October 04, 2023 at 11:33 AM EDT
In trading on Wednesday, shares of New Found Gold Corp (NFGC) entered into oversold territory, changing hands as low as $3.75 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..