XSW Crowded With Sellers
April 08, 2014 at 11:04 AM EDT
In trading on Tuesday, shares of the SPDR S&PSoftware & Services ETF (XSW) entered into oversold territory, changing hands as low as $83.026 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..