Shares of JKD Now Oversold
August 21, 2015 at 16:09 PM EDT
In trading on Friday, shares of the iShares Morningstar Large-Cap ETF (JKD) entered into oversold territory, changing hands as low as $116.59 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..