Shares of INKM Now Oversold
May 31, 2013 at 11:28 AM EDT
In trading on Friday, shares of the SPDR SSgA Income Allocation ETF (INKM) entered into oversold territory, changing hands as low as $31.4101 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.