iShares MSCI BRIC Index Fund (BKF) Enters Oversold Territory
February 21, 2013 at 11:07 AM EST
In trading on Thursday, shares of the iShares MSCI BRIC Index Fund ETF (BKF) entered into oversold territory, changing hands as low as $39.69 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.