Shares of SOXX Now Oversold
August 20, 2015 at 15:54 PM EDT
In trading on Thursday, shares of the iShares PHLX Semiconductor ETF (SOXX) entered into oversold territory, changing hands as low as $80.95 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..