QUAL Crosses Critical Technical Indicator
December 19, 2018 at 15:57 PM EST
In trading on Wednesday, shares of the iShares Edge MSCI USA Quality Factor ETF (QUAL) entered into oversold territory, changing hands as low as $75.83 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..