iShares Residential Real Estate Capped (REZ) Enters Oversold Territory
November 26, 2013 at 11:07 AM EST
In trading on Tuesday, shares of the iShares Residential Real Estate Capped ETF (REZ) entered into oversold territory, changing hands as low as $46.00 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.