RING Crosses Critical Technical Indicator
September 08, 2014 at 11:37 AM EDT
In trading on Monday, shares of the iShares MSCI Global Gold Miners ETF (RING) entered into oversold territory, changing hands as low as $10.26 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..