Guggenheim S&P 500 Equal Weight Energy (RYE) Enters Oversold Territory
January 12, 2015 at 11:00 AM EST
In trading on Monday, shares of the Guggenheim S&P 500 Equal Weight Energy ETF (RYE) entered into oversold territory, changing hands as low as $61.50 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..