MLP and Energy Infrastructure Getting Very Oversold
December 15, 2014 at 11:04 AM EST
In trading on Monday, shares of the MLP and Energy Infrastructure ETF (MLPX) entered into oversold territory, changing hands as low as $17.17 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..