XLI Crosses Critical Technical Indicator
July 27, 2015 at 10:57 AM EDT
In trading on Monday, shares of the Industrial Select Sector SPDR Fund ETF (XLI) entered into oversold territory, changing hands as low as $52.455 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..