Guggenheim S&P Global Water Index Getting Very Oversold
February 05, 2018 at 16:05 PM EST
In trading on Monday, shares of the Guggenheim S&P Global Water Index ETF (CGW) entered into oversold territory, changing hands as low as $33.78 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..