Shares of TAO Now Oversold
June 05, 2013 at 15:59 PM EDT
In trading on Wednesday, shares of the Guggenheim China Real Estate ETF (TAO) entered into oversold territory, changing hands as low as $21.16 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.