iShares Commodities Select Strategy Getting Very Oversold
July 06, 2015 at 16:06 PM EDT
In trading on Monday, shares of the iShares Commodities Select Strategy ETF (COMT) entered into oversold territory, changing hands as low as $36.98 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..