Shares of ITIP Now Oversold
June 17, 2013 at 16:03 PM EDT
In trading on Monday, shares of the iShares International Inflation-Linked Bond Fund ETF (ITIP) entered into oversold territory, changing hands as low as $47.791 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.