iShares MSCI USA Quality Factor (QUAL) Enters Oversold Territory
January 08, 2016 at 15:54 PM EST
In trading on Friday, shares of the iShares MSCI USA Quality Factor ETF (QUAL) entered into oversold territory, changing hands as low as $61.15 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..