SPDRS&PGlobal Infrastructure Getting Very Oversold
August 05, 2014 at 15:49 PM EDT
In trading on Tuesday, shares of the SPDRS&PGlobal Infrastructure ETF (GII) entered into oversold territory, changing hands as low as $48.69 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..