OEF Crosses Critical Technical Indicator
January 21, 2022 at 16:38 PM EST
In trading on Friday, shares of the iShares S&P 100 ETF (OEF) entered into oversold territory, changing hands as low as $202.29 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..