SPDR Dow Jones Global Real Estate Getting Very Oversold
May 29, 2013 at 11:19 AM EDT
In trading on Wednesday, shares of the SPDR Dow Jones Global Real Estate ETF (RWO) entered into oversold territory, changing hands as low as $44.75 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.