The Utilities Select Sector SPDR Fund (XLU) Enters Oversold Territory
May 23, 2023 at 15:51 PM EDT
In trading on Tuesday, shares of the The Utilities Select Sector SPDR Fund ETF (XLU) entered into oversold territory, changing hands as low as $65.72 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..