XPH Crosses Critical Technical Indicator
April 30, 2015 at 11:32 AM EDT
In trading on Thursday, shares of the SPDR S&P Pharmaceuticals ETF (XPH) entered into oversold territory, changing hands as low as $119.04 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..