Oil Services (OIH) Enters Oversold Territory
August 15, 2018 at 11:12 AM EDT
In trading on Wednesday, shares of the Oil Services ETF (OIH) entered into oversold territory, changing hands as low as $23.60 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..