Shares of IYT Now Oversold
June 28, 2018 at 11:13 AM EDT
In trading on Thursday, shares of the iShares Transportation Average ETF (IYT) entered into oversold territory, changing hands as low as $183.95 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..