Shares of RXI Now Oversold
September 29, 2022 at 15:52 PM EDT
In trading on Thursday, shares of the RXI ETF (RXI) entered into oversold territory, changing hands as low as $123.36 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..