iShares S&P International Preferred Stock Index Fund Getting Very Oversold
May 31, 2013 at 16:06 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 $25.72 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.