iShares Global Energy Getting Very Oversold
March 13, 2015 at 10:53 AM EDT
In trading on Friday, shares of the iShares Global Energy ETF (IXC) entered into oversold territory, changing hands as low as $34.0201 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..