iShares S&P International Preferred Stock Index Fund (IPFF) Enters Oversold Territory
May 18, 2012 at 15:50 PM EDT
In trading on Friday, shares of the iShares S&P International Preferred Stock Index Fund ETF (IPFF) entered into oversold territory, changing hands as low as $25.20 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.