iShares Russell Mid-Cap Value Getting Very Oversold
August 24, 2015 at 12:40 PM EDT
In trading on Monday, shares of the iShares Russell Mid-Cap Value ETF (IWS) entered into oversold territory, changing hands as low as $41.61 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..