In trading on Thursday, shares of Masco Corp. (NYSE: MAS) entered into overbought territory, changing hands as high as $11.42 per share. We define overbought 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 …
Tags: changing hands, masco, masco corp, relative strength index, technical analysis indicator