SPDR S&P MIDCAP 400 Getting Very Oversold
August 04, 2014 at 11:09 AM EDT
In trading on Monday, shares of the SPDR S&P MIDCAP 400 ETF (MDY) entered into oversold territory, changing hands as low as $248.22 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..