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Monsanto Company Message Board

  • blutribe27 blutribe27 Jul 1, 2013 9:45 PM Flag

    Forbes..Top-Ranked Monsanto Getting Very Oversold

    "But making Monsanto Co. an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of MON entered into oversold territory, changing hands as low as $97.25 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. A stock is considered to be oversold if the RSI reading falls below 30."

 
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