iShares Russell Top 200 Growth Index Fund (IWY) Enters Oversold Territory
June 01, 2012 at 16:13 PM EDT
In trading on Friday, shares of the iShares Russell Top 200 Growth Index Fund ETF (IWY) entered into oversold territory, changing hands as low as $32.1952 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.