XLF Getting Very Oversold
September 26, 2022 at 11:00 AM EDT
In trading on Monday, shares of the XLF ETF (XLF) entered into oversold territory, changing hands as low as $30.63 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..