SPDR S&P MIDCAP 400 (MDY) Enters Oversold Territory
October 07, 2014 at 16:14 PM EDT
In trading on Tuesday, shares of the SPDR S&P MIDCAP 400 ETF (MDY) entered into oversold territory, changing hands as low as $244.31 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..