Shares of CXA Now Oversold
September 03, 2013 at 10:54 AM EDT
In trading on Tuesday, shares of the SPDR Nuveen Barclays California Municipal Bond ETF (CXA) entered into oversold territory, changing hands as low as $21.64 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.