iShares Dow Jones U.S. Utilities Sector Index Fund Getting Very Oversold
May 29, 2013 at 11:12 AM EDT
In trading on Wednesday, shares of the iShares Dow Jones US Utilities Sector Index Fund ETF (IDU) entered into oversold territory, changing hands as low as $94.2903 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.