iShares MSCI USA Small-Cap Multifactor (SMLF) Enters Oversold Territory
September 24, 2020 at 11:06 AM EDT
In trading on Thursday, shares of the iShares MSCI USA Small-Cap Multifactor ETF (SMLF) entered into oversold territory, changing hands as low as $35.50 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..