iShares Dow Jones U.S. Utilities Sector Index Fund Getting Very Oversold

In trading on Wednesday, shares of the iShares Dow Jones US Utilities Sector Index Fund ETF (IDU) entered into oversold territory, changing hands as low as $94.2903 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.