RTM Crosses Critical Technical Indicator
July 02, 2015 at 15:52 PM EDT
In trading on Thursday, shares of the Guggenheim S&P 500 Equal Weight Materials ETF (RTM) entered into oversold territory, changing hands as low as $85.82 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..