iShares U.S. Utilities (IDU) Enters Oversold Territory
September 03, 2013 at 16:01 PM EDT
In trading on Tuesday, shares of the iShares US Utilities ETF (IDU) entered into oversold territory, changing hands as low as $92.28 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.