Shares of ACWI ETF Now Oversold
May 23, 2012 at 10:59 AM EDT
In trading on Wednesday, shares of the iShares MSCI ACWI Index Fund ETF (ACWI) entered into oversold territory, changing hands as low as $42.234 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.