On Friday, shares of the iShares Russell 1000 Growth ETF (IWF) traded as low as $269.85, entering oversold territory with a Relative Strength Index (RSI) reading of 29.0. An asset is considered oversold when the RSI falls below 30; for context, the S&P 500’s RSI is currently at 31.1.
The iShares Russell 1000 Growth ETF has a 52-week range with a low of $226.77 and a high of $311.95. The last trade price was $273.85, reflecting a decline of approximately 0.9% for the day.
