Shares of SPYD Now Oversold
August 05, 2019 at 11:29 AM EDT
In trading on Monday, shares of the SPDR Portfolio S&P 500 High Dividend ETF (SPYD) entered into oversold territory, changing hands as low as $36.50 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..