Shares of NYF Now Oversold
December 17, 2012 at 11:43 AM EST
In trading on Monday, shares of the iShares S&P New York AMT-Free Municipal Bond Fund ETF (NYF) entered into oversold territory, changing hands as low as $111.89 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.