TRMD Crosses Critical Technical Indicator
June 06, 2023 at 12:12 PM EDT
In trading on Tuesday, shares of TORM plc (TRMD) entered into oversold territory, changing hands as low as $23.40 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..