KXI Crosses Critical Technical Indicator
October 16, 2014 at 10:54 AM EDT
In trading on Thursday, shares of the iShares Global Consumer Staples ETF (KXI) entered into oversold territory, changing hands as low as $83.641 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..