November 16, 2012 at 11:48 AM EST
iShares S&P Global 100 Index Fund (IOO) Enters Oversold Territory
In trading on Friday, shares of the iShares S&P Global 100 Index Fund ETF (IOO) entered into oversold territory, changing hands as low as $59.6342 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.
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