TORM Stock Getting Very Oversold
December 19, 2024 at 11:22 AM EST
In trading on Thursday, shares of TORM plc (TRMD) entered into oversold territory, changing hands as low as $18.1015 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..
