NAT Stock Crowded With Sellers
April 08, 2014 at 11:27 AM EDT
In trading on Tuesday, shares of Nordic American Tankers Ltd (NAT) entered into oversold territory, changing hands as low as $8.46 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..