Biotech (BBH) Enters Oversold Territory
January 11, 2016 at 11:24 AM EST
In trading on Monday, shares of the Biotech ETF (BBH) entered into oversold territory, changing hands as low as $113.46 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..