SPDR S&P Metals and Mining Getting Very Oversold
December 12, 2014 at 16:01 PM EST
In trading on Friday, shares of the SPDR S&P Metals and Mining ETF (XME) entered into oversold territory, changing hands as low as $30.03 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..