Shares of AXUT ETF Now Oversold
In trading on Tuesday, shares of the iShares MSCI ACWI ex US Utilities Sector Index Fund ETF (AXUT) entered into oversold territory, changing hands as low as $39.17 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.