iShares Russell 1000 Value Getting Very Oversold
August 21, 2015 at 15:51 PM EDT
In trading on Friday, shares of the iShares Russell 1000 Value ETF (IWD) entered into oversold territory, changing hands as low as $97.24 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..