Invesco S&P 500 Equal Weight Energy (RYE) Enters Oversold Territory
October 23, 2018 at 11:03 AM EDT
In trading on Tuesday, shares of the Invesco S&P 500 Equal Weight Energy ETF (RYE) entered into oversold territory, changing hands as low as $54.96 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..