IXC Crosses Critical Technical Indicator
December 10, 2014 at 11:14 AM EST
In trading on Wednesday, shares of the iShares Global Energy ETF (IXC) entered into oversold territory, changing hands as low as $36.08 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..