Shares of PICK Now Oversold
January 14, 2015 at 10:58 AM EST
In trading on Wednesday, shares of the iShares MSCI Global Metals & Mining Producers ETF (PICK) entered into oversold territory, changing hands as low as $14.27 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..