Shares of EWRM Now Oversold
October 08, 2014 at 10:50 AM EDT
In trading on Wednesday, shares of the Guggenheim Russell MidCap Equal Weight ETF (EWRM) entered into oversold territory, changing hands as low as $48.00 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..