RYE Crosses Critical Technical Indicator
January 31, 2017 at 10:52 AM EST
In trading on Tuesday, shares of the Guggenheim S&P 500 Equal Weight Energy ETF (RYE) entered into oversold territory, changing hands as low as $61.07 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..