Shares of GTIP Now Oversold
May 22, 2013 at 15:53 PM EDT
In trading on Wednesday, shares of the iShares Global Inflation-Linked Bond Fund ETF (GTIP) entered into oversold territory, changing hands as low as $53.14 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.