Uranium+Nuclear Energy Getting Very Oversold
November 05, 2012 at 16:09 PM EST
In trading on Monday, shares of the Uranium+Nuclear Energy ETF (NLR) entered into oversold territory, changing hands as low as $14.0401 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.