KBE Crowded With Sellers
June 27, 2016 at 15:48 PM EDT
In trading on Monday, shares of the SPDR S&P Bank ETF (KBE) entered into oversold territory, changing hands as low as $28.01 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..