IWY Crosses Critical Technical Indicator
June 27, 2016 at 11:16 AM EDT
In trading on Monday, shares of the iShares Russell Top 200 Growth ETF (IWY) entered into oversold territory, changing hands as low as $51.52 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..