iShares S&P 500 Growth Index Fund (IVW) Enters Oversold Territory
Posted on November 14, 2012 at 16:16 PM EST
In trading on Wednesday, shares of the iShares S&P 500 Growth Index Fund ETF (IVW) entered into oversold territory, changing hands as low as $72.98 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.