IJJ Crowded With Sellers
July 07, 2015 at 11:27 AM EDT
In trading on Tuesday, shares of the iShares S&P Mid-Cap 400 Value ETF (IJJ) entered into oversold territory, changing hands as low as $127.00 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..