IFGL Crosses Critical Technical Indicator
December 04, 2013 at 16:07 PM EST
In trading on Wednesday, shares of the iShares International Developed Real Estate ETF (IFGL) entered into oversold territory, changing hands as low as $32.524 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.