USMV Crosses Critical Technical Indicator
October 01, 2021 at 13:09 PM EDT
In trading on Friday, shares of the iShares MSCI USA Min Vol Factor ETF (USMV) entered into oversold territory, changing hands as low as $72.94 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..