Shares of BKF Now Oversold
Posted on June 01, 2012 at 11:31 AM EDT
In trading on Friday, shares of the iShares MSCI BRIC Index Fund ETF (BKF) entered into oversold territory, changing hands as low as $34.23 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.