Shares of IRY Now Oversold
August 07, 2014 at 10:53 AM EDT
In trading on Thursday, shares of the SPDR S&P International Health Care Sector ETF (IRY) entered into oversold territory, changing hands as low as $46.85 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..