SPDR S&P Insurance Getting Very Oversold
July 30, 2014 at 16:07 PM EDT
In trading on Wednesday, shares of the SPDR S&P Insurance ETF (KIE) entered into oversold territory, changing hands as low as $61.95 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..