Shares of IGM Now Oversold
August 24, 2015 at 11:20 AM EDT
In trading on Monday, shares of the iShares North American Tech ETF (IGM) entered into oversold territory, changing hands as low as $78.05 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..