Shares of XOP Now Oversold
September 24, 2014 at 11:24 AM EDT
In trading on Wednesday, shares of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) entered into oversold territory, changing hands as low as $68.87 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..