Shares of WOOD Now Oversold
September 24, 2015 at 11:14 AM EDT
In trading on Thursday, shares of the iShares Global Timber & Forestry ETF (WOOD) entered into oversold territory, changing hands as low as $45.01 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..