SEA Crosses Critical Technical Indicator
June 15, 2015 at 10:48 AM EDT
In trading on Monday, shares of the Guggenheim Shipping ETF (SEA) entered into oversold territory, changing hands as low as $18.88 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..