VDE Crosses Critical Technical Indicator
March 14, 2017 at 10:59 AM EDT
In trading on Tuesday, shares of the Vanguard Energy ETF (VDE) entered into oversold territory, changing hands as low as $94.16 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..