Shares of XHB Now Oversold
April 15, 2014 at 11:02 AM EDT
In trading on Tuesday, shares of the SPDR S&P Homebuilders ETF (XHB) entered into oversold territory, changing hands as low as $30.94 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..