VGT Crowded With Sellers
January 07, 2016 at 10:53 AM EST
In trading on Thursday, shares of the Vanguard Information Technology ETF (VGT) entered into oversold territory, changing hands as low as $102.2001 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..