Guggenheim S&P 500 Equal Weight Industrials Getting Very Oversold
July 27, 2015 at 10:59 AM EDT
In trading on Monday, shares of the Guggenheim S&P 500 Equal Weight Industrials ETF (RGI) entered into oversold territory, changing hands as low as $83.62 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..