In trading on Tuesday, shares of the DB Energy Fund ETF ( DBE) entered into oversold territory, changing hands as low as $26.92 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. A stock is considered to be oversold if the RSI reading falls below 30.In the case of DB Energy Fund, the RSI reading has hit 29.6 — by comparison, the RSI reading for the S&P 500 is currently 54.6. A bullish investor could look at DBE's 29.6 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), DBE's low point in its 52 week range is $23.39 per share, with $30.09 as the 52 week high point — that compares with a last trade of $27.00. DB Energy Fund shares are currently trading down about 0.3% on the day.