CMDT Crosses Critical Technical Indicator
July 31, 2015 at 16:15 PM EDT
In trading on Friday, shares of the iShares Commodity Optimized Trust ETF (CMDT) entered into oversold territory, changing hands as low as $36.97 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..