Shares of KXI Now Oversold
December 18, 2018 at 10:53 AM EST
In trading on Tuesday, shares of the iShares Global Consumer Staples ETF (KXI) entered into oversold territory, changing hands as low as $47.17 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..
