In trading on Wednesday, shares of The Consumer Staples Select Sector SPDR Premium Income Fund ETF (XLSI) fell to $23.03, entering oversold territory with a Relative Strength Index (RSI) reading of 29.8. Stocks are considered oversold when the RSI falls below 30; for comparison, the S&P 500’s RSI is currently 46.9.
XLSI’s performance over the past year shows a low of $23.03 and a high of $25.74, with the last trade at $23.15. The fund’s shares are down approximately 1.6% for the day.
