NFGC Crosses Critical Technical Indicator
July 06, 2022 at 12:51 PM EDT
In trading on Wednesday, shares of New Found Gold Corp (NFGC) entered into oversold territory, changing hands as low as $3.98 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..
