Shares of KOL Now Oversold
Posted on February 25, 2013 at 16:08 PM EST
In trading on Monday, shares of the Coal ETF (KOL) entered into oversold territory, changing hands as low as $23.28 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.