China Infrastructure (CHXX) Enters Oversold Territory
July 03, 2013 at 10:58 AM EDT
In trading on Wednesday, shares of the China Infrastructure ETF (CHXX) entered into oversold territory, changing hands as low as $14.83 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.