For today's chart we've chosen to take a look at
Energizer Holdings Inc. (NYSE:
ENR) because it is nearing the combined support of an ascending trendline and its 200-day moving average. As you can see from the chart below, the sharp drop from its high near $110 has caused the
RSI to fall below 30, which suggests that the run may be getting oversold. We'll keep a bullish outlook on this stock until the price closes below the support of the $87 mark.