XLK Crosses Critical Technical Indicator
August 24, 2015 at 12:32 PM EDT
In trading on Monday, shares of the Technology Select Sector SPDR Fund ETF (XLK) entered into oversold territory, changing hands as low as $31.32 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..