iShares Global Utilities (JXI) Enters Oversold Territory
August 05, 2014 at 11:36 AM EDT
In trading on Tuesday, shares of the iShares Global Utilities ETF (JXI) entered into oversold territory, changing hands as low as $47.515 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..