Shares of IOO Now Oversold
December 15, 2014 at 15:51 PM EST
In trading on Monday, shares of the iShares Global 100 ETF (IOO) entered into oversold territory, changing hands as low as $74.55 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..