ADRD Crowded With Sellers
June 21, 2013 at 11:09 AM EDT
In trading on Friday, shares of the BLDRS Developed Markets 100 ADR Index Fund ETF (ADRD) entered into oversold territory, changing hands as low as $20.191 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.