Shares of IWC Now Oversold
November 02, 2016 at 15:50 PM EDT
In trading on Wednesday, shares of the iShares Micro-Cap ETF (IWC) entered into oversold territory, changing hands as low as $71.90 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..