RPG Crosses Critical Technical Indicator
February 08, 2016 at 10:58 AM EST
In trading on Monday, shares of the Guggenheim S&P 500 Pure Growth ETF (RPG) entered into oversold territory, changing hands as low as $68.2431 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..