RHS Crowded With Sellers
June 05, 2015 at 16:08 PM EDT
In trading on Friday, shares of the Guggenheim S&P 500 Equal Weight Consumer Staples ETF (RHS) entered into oversold territory, changing hands as low as $105.6801 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..