IYLD Crosses Critical Technical Indicator
June 04, 2015 at 16:05 PM EDT
In trading on Thursday, shares of the iShares Morningstar Multi-Asset Income ETF (IYLD) entered into oversold territory, changing hands as low as $25.10 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..