iShares Mortgage Real Estate Capped Getting Very Oversold
September 24, 2014 at 11:24 AM EDT
In trading on Wednesday, shares of the iShares Mortgage Real Estate Capped ETF (REM) entered into oversold territory, changing hands as low as $11.96 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..