Shares of SIL Now Oversold
October 04, 2016 at 15:49 PM EDT
In trading on Tuesday, shares of the Silver Miners ETF (SIL) entered into oversold territory, changing hands as low as $39.63 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..