Junior Miners Getting Very Oversold
December 27, 2012 at 11:01 AM EST
In trading on Thursday, shares of the Junior Miners ETF (JUNR) entered into oversold territory, changing hands as low as $8.9599 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.