Franco-Nevada Stock Getting Very Oversold |
| August 31, 2016 | August 2016 Bond Updates |
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In trading on Tuesday, shares of Franco-Nevada Corp (NYSE: FNV) entered into oversold territory, changing hands as low as $69.31 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. |
| View more at: http://www.forbes.com/sites/dividendchannel/2016/08/30/franco-nevada-stock-getting-very-oversold/ |
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