ReNew Energy Global Stock Getting Very Oversold
February 05, 2024 at 11:25 AM EST
In trading on Monday, shares of ReNew Energy Global plc (RNW) entered into oversold territory, changing hands as low as $6.145 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..
