Guggenheim Raymond James SB-1 Equity Getting Very Oversold
November 16, 2012 at 11:42 AM EST
In trading on Friday, shares of the Guggenheim Raymond James SB-1 Equity ETF (RYJ) entered into oversold territory, changing hands as low as $21.50 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.