CUT Crosses Critical Technical Indicator
June 25, 2018 at 11:00 AM EDT
In trading on Monday, shares of the Invesco MSCI Global Timber ETF (CUT) entered into oversold territory, changing hands as low as $32.10 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..