iShares MSCI BRIC Index Fund Getting Very Oversold
April 03, 2013 at 17:54 PM EDT
In trading on Wednesday, shares of the iShares MSCI BRIC Index Fund ETF (BKF) entered into oversold territory, changing hands as low as $37.85 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.