Shares of SPMD Now Oversold
October 05, 2018 at 15:50 PM EDT
In trading on Friday, shares of the SPDR Portfolio Mid Cap ETF (SPMD) entered into oversold territory, changing hands as low as $34.86 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..