SCHD Getting Very Oversold
May 29, 2019 at 10:57 AM EDT
In trading on Wednesday, shares of the SCHD ETF (SCHD) entered into oversold territory, changing hands as low as $50.25 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..