iShares Core S&P 500 (IVV) Enters Oversold Territory
Posted on November 14, 2012 at 16:12 PM EST
In trading on Wednesday, shares of the iShares Core S&P 500 ETF (IVV) entered into oversold territory, changing hands as low as $136.60 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.