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Shares of MTRN Now Oversold
By:
Metals Channel
Posted on May 31, 2012 at 12:25 PM EDT
In trading on Thursday, shares of Materion Corp (MTRN) entered into oversold territory, changing hands as low as $22.04 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.
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