INDY Crosses Critical Technical Indicator
December 08, 2015 at 10:50 AM EST
In trading on Tuesday, shares of the iShares India 50 ETF (INDY) entered into oversold territory, changing hands as low as $26.08 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..