RXI Crowded With Sellers
February 09, 2016 at 16:06 PM EST
In trading on Tuesday, shares of the iShares Global Consumer Discretionary ETF (RXI) entered into oversold territory, changing hands as low as $77.16 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..