FEU Crowded With Sellers
June 01, 2012 at 11:46 AM EDT
In trading on Friday, shares of the SPDR STOXX Europe 50 ETF (FEU) entered into oversold territory, changing hands as low as $27.36 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.