iShares Global Consumer Staples Getting Very Oversold
June 05, 2015 at 11:05 AM EDT
In trading on Friday, shares of the iShares Global Consumer Staples ETF (KXI) entered into oversold territory, changing hands as low as $90.7522 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..