iShares MSCI Global Select Metals & Mining Producers Fund (PICK) Enters Oversold Territory
July 03, 2013 at 10:59 AM EDT
In trading on Wednesday, shares of the iShares MSCI Global Select Metals & Mining Producers Fund ETF (PICK) entered into oversold territory, changing hands as low as $16.2095 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.