Uranium+Nuclear Energy (NLR) Enters Oversold Territory
June 01, 2012 at 11:30 AM EDT
In trading on Friday, shares of the Uranium+Nuclear Energy ETF (NLR) entered into oversold territory, changing hands as low as $13.31 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.