Shares of FTY ETF Now Oversold
May 18, 2012 at 15:49 PM EDT
In trading on Friday, shares of the iShares FTSE NAREIT Real Estate 50 Index Fund ETF (FTY) entered into oversold territory, changing hands as low as $37.02 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.