KRE Crowded With Sellers
March 22, 2019 at 10:54 AM EDT
In trading on Friday, shares of the SPDR S&P Regional Banking ETF (KRE) entered into oversold territory, changing hands as low as $49.76 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..