iShares MSCI BRIC (BKF) Enters Oversold Territory
January 27, 2014 at 11:34 AM EST
In trading on Monday, shares of the iShares MSCI BRIC ETF (BKF) entered into oversold territory, changing hands as low as $34.38 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.