IRV Crosses Critical Technical Indicator
September 19, 2014 at 16:07 PM EDT
In trading on Friday, shares of the SPDR S&P International Materials Sector ETF (IRV) entered into oversold territory, changing hands as low as $22.62 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..