iShares Morningstar Multi-Asset Income Index Fund Getting Very Oversold
May 28, 2013 at 15:53 PM EDT
In trading on Tuesday, shares of the iShares Morningstar Multi-Asset Income Index Fund ETF (IYLD) entered into oversold territory, changing hands as low as $26.42 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.