Shares of MDY Now Oversold
December 18, 2018 at 15:56 PM EST
In trading on Tuesday, shares of the SPDR S&P MIDCAP 400 ETF (MDY) entered into oversold territory, changing hands as low as $308.26 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..