SPDR S&P Retail Getting Very Oversold
May 17, 2016 at 15:51 PM EDT
In trading on Tuesday, shares of the SPDR S&P Retail ETF (XRT) entered into oversold territory, changing hands as low as $40.54 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..