Shares of SPTL Now Oversold
January 07, 2021 at 11:05 AM EST
In trading on Thursday, shares of the SPDR— Portfolio Long Term Treasury ETF (SPTL) entered into oversold territory, changing hands as low as $43.39 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..