Social Media Index (SOCL) Enters Oversold Territory
April 04, 2018 at 10:59 AM EDT
In trading on Wednesday, shares of the Social Media Index ETF (SOCL) entered into oversold territory, changing hands as low as $32.50 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..