Long Municipal Index (MLN) Enters Oversold Territory
December 19, 2013 at 15:55 PM EST
In trading on Thursday, shares of the Long Municipal Index ETF (MLN) entered into oversold territory, changing hands as low as $17.52 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.