Vanguard Energy (VDE) Enters Oversold Territory
Posted on November 16, 2012 at 11:52 AM EST
In trading on Friday, shares of the Vanguard Energy ETF (VDE) entered into oversold territory, changing hands as low as $98.36 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.