Shares of XME Now Oversold
November 14, 2017 at 10:51 AM EST
In trading on Tuesday, shares of the SPDR S&P Metals & Mining ETF (XME) entered into oversold territory, changing hands as low as $30.33 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..