Shares of GSG Now Oversold
January 09, 2014 at 15:55 PM EST
In trading on Thursday, shares of the iShares S&P GSCI Commodity-Indexed Trust ETF (GSG) entered into oversold territory, changing hands as low as $30.5901 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.