SCHV Getting Very Oversold
December 18, 2018 at 15:53 PM EST
In trading on Tuesday, shares of the SCHV ETF (SCHV) entered into oversold territory, changing hands as low as $49.63 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..