IYK (IYK) Enters Oversold Territory
September 26, 2022 at 10:57 AM EDT
In trading on Monday, shares of the IYK ETF (IYK) entered into oversold territory, changing hands as low as $187.10 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..