iShares Transportation Average Getting Very Oversold
October 13, 2014 at 15:53 PM EDT
In trading on Monday, shares of the iShares Transportation Average ETF (IYT) entered into oversold territory, changing hands as low as $139.32 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..