IWD Crowded With Sellers
November 15, 2012 at 16:21 PM EST
In trading on Thursday, shares of the iShares Russell 1000 Value Index Fund ETF (IWD) entered into oversold territory, changing hands as low as $68.47 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.