IDNA Crosses Critical Technical Indicator
Technical Analysis Channel Staff - Friday, December 3, 4:17 PM

In trading on Friday, shares of the iShares Genomics Immunology and Healthcare ETF (IDNA) entered into oversold territory, changing hands as low as $44.135 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. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of iShares Genomics Immunology and Healthcare, the RSI reading has hit 28.7 — by comparison, the RSI reading for the S&P 500 is currently 41.2.

A bullish investor could look at IDNA's 28.7 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.

Looking at a chart of one year performance (below), IDNA's low point in its 52 week range is $40.84 per share, with $55.55 as the 52 week high point — that compares with a last trade of $44.40. iShares Genomics Immunology and Healthcare shares are currently trading down about 3.7% on the day.

---

Free Report: Top 7%+ Dividends (paid monthly)

WTAI Crosses Below Key Moving Average Level
18 hours ago

SouthState Breaks Below 200-Day Moving Average - Notable for SSB
18 hours, 1 minute ago

BKMC Crowded With Sellers
18 hours, 1 minute ago

QQQJ Crowded With Sellers
18 hours, 1 minute ago

Shares of FDLO Now Oversold
18 hours, 1 minute ago

HACK Crosses Critical Technical Indicator
18 hours, 1 minute ago

RBC Crosses Below Key Moving Average Level
18 hours, 1 minute ago

KOMP Crowded With Sellers
18 hours, 4 minutes ago

Shares of ISCG Now Oversold
18 hours, 4 minutes ago

ROUS Getting Very Oversold
18 hours, 4 minutes ago

VBK Crosses Critical Technical Indicator
18 hours, 4 minutes ago

Shares of FTCS Now Oversold
18 hours, 5 minutes ago

Shares of CIBR Now Oversold
18 hours, 5 minutes ago

ANGL Crowded With Sellers
18 hours, 5 minutes ago

DMXF Crosses Critical Technical Indicator
18 hours, 5 minutes ago

NXTG Crowded With Sellers
18 hours, 5 minutes ago

CWB Crowded With Sellers
18 hours, 7 minutes ago

International Paper (IP) Shares Cross Below 200 DMA
18 hours, 12 minutes ago

Notable Two Hundred Day Moving Average Cross - HAL
18 hours, 14 minutes ago

Notable Two Hundred Day Moving Average Cross - MTL.CA
18 hours, 15 minutes ago

Oil Services Breaks Below 200-Day Moving Average - Notable for OIH
18 hours, 24 minutes ago

Bullish Two Hundred Day Moving Average Cross - ASTL
22 hours, 30 minutes ago

AHCO Makes Notable Cross Below Critical Moving Average
22 hours, 35 minutes ago

UAL Crosses Above Key Moving Average Level
22 hours, 35 minutes ago

Notable Two Hundred Day Moving Average Cross - TENB
22 hours, 35 minutes ago

Notable Two Hundred Day Moving Average Cross - URBN
22 hours, 53 minutes ago

ADSK Crosses Below Key Moving Average Level
22 hours, 53 minutes ago

ZUO Makes Bullish Cross Above Critical Moving Average
23 hours, 3 minutes ago

DFGR Enters Oversold Territory
23 hours, 4 minutes ago

Shares of DFAR Now Oversold
23 hours, 5 minutes ago

AVRE Crowded With Sellers
23 hours, 5 minutes ago

ResMed Breaks Below 200-Day Moving Average - Notable for RMD
23 hours, 5 minutes ago

Shares of VNQ Now Oversold
23 hours, 5 minutes ago

Shares of SCHH Now Oversold
23 hours, 5 minutes ago

Fabrinet (FN) Shares Cross Below 200 DMA
23 hours, 5 minutes ago

BOTZ Crosses Critical Technical Indicator
23 hours, 7 minutes ago

Video Gaming and eSports Getting Very Oversold
23 hours, 8 minutes ago

iShares MSCI EAFE Growth Getting Very Oversold
23 hours, 8 minutes ago

Shares of WTAI Now Oversold
23 hours, 8 minutes ago

XT Crosses Critical Technical Indicator
23 hours, 8 minutes ago

iShares MSCI South Korea (EWY) Enters Oversold Territory
23 hours, 9 minutes ago

AIR Makes Bullish Cross Above Critical Moving Average
23 hours, 16 minutes ago

Notable Two Hundred Day Moving Average Cross - IFN
23 hours, 19 minutes ago

ABT Makes Notable Cross Below Critical Moving Average
23 hours, 19 minutes ago

ITOS Crosses Below Key Moving Average Level
Tuesday, April 16, 4:40 PM

Notable Two Hundred Day Moving Average Cross - HYLS
Tuesday, April 16, 4:22 PM

BTU Crosses Above Key Moving Average Level
Tuesday, April 16, 4:22 PM

First Capital Real Estate Investment Trust Breaks Below 200-Day Moving Average - Notable for FCR.UN.CA
Tuesday, April 16, 4:19 PM

Notable Two Hundred Day Moving Average Cross - D
Tuesday, April 16, 4:19 PM

PPL Shares Cross Below 200 DMA
Tuesday, April 16, 4:18 PM

Shares of DRQ Now Oversold
Tuesday, April 16, 4:18 PM

IMAX Breaks Above 200-Day Moving Average - Bullish for IMAX
Tuesday, April 16, 4:17 PM

HYDW Crosses Critical Technical Indicator
Tuesday, April 16, 4:17 PM

Shares of VRP Now Oversold
Tuesday, April 16, 4:17 PM

JNK Makes Notable Cross Below Critical Moving Average
Tuesday, April 16, 4:17 PM

Corning Breaks Below 200-Day Moving Average - Notable for GLW
Tuesday, April 16, 4:17 PM

CSTL Makes Notable Cross Below Critical Moving Average
Tuesday, April 16, 2:20 PM

DuPont Breaks Below 200-Day Moving Average - Notable for DD
Tuesday, April 16, 2:19 PM

FHTX Makes Notable Cross Below Critical Moving Average
Tuesday, April 16, 2:17 PM

Nextracker Breaks Below 200-Day Moving Average - Notable for NXT
Tuesday, April 16, 2:16 PM

Trump Media & Technology Group (DJT) Shares Cross Below 200 DMA
Tuesday, April 16, 2:16 PM

SPT Makes Notable Cross Below Critical Moving Average
Tuesday, April 16, 1:59 PM

DFCF Enters Oversold Territory
Tuesday, April 16, 1:59 PM

Ford Motor Breaks Below 200-Day Moving Average - Notable for F
Tuesday, April 16, 1:59 PM

Baxter International Breaks Below 200-Day Moving Average - Notable for BAX
Tuesday, April 16, 1:59 PM

WMG Crosses Below Key Moving Average Level
Tuesday, April 16, 1:58 PM

SPDR S&P Global Infrastructure Breaks Below 200-Day Moving Average - Notable for GII
Tuesday, April 16, 1:50 PM

SITE Centers (SITC) Shares Cross Below 200 DMA
Tuesday, April 16, 1:49 PM

First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) Shares Cross Below 200 DMA
Tuesday, April 16, 1:49 PM

HAUZ Breaks Below 200-Day Moving Average - Notable for HAUZ
Tuesday, April 16, 1:49 PM

NFRA Breaks Below 200-Day Moving Average - Notable for NFRA
Tuesday, April 16, 1:47 PM

FUTY Shares Cross Below 200 DMA
Tuesday, April 16, 1:47 PM

Notable Two Hundred Day Moving Average Cross - ROBO
Tuesday, April 16, 1:46 PM

CSB Crosses Below Key Moving Average Level
Tuesday, April 16, 1:46 PM

GCOW Makes Notable Cross Below Critical Moving Average
Tuesday, April 16, 1:46 PM

Notable Two Hundred Day Moving Average Cross - DE
Tuesday, April 16, 1:46 PM

JEMA Shares Cross Below 200 DMA
Tuesday, April 16, 1:44 PM

Nordstrom (JWN) Shares Cross Below 200 DMA
Tuesday, April 16, 1:43 PM

AOK Crowded With Sellers
Tuesday, April 16, 1:43 PM

BKHY Crosses Critical Technical Indicator
Tuesday, April 16, 1:43 PM

BWX Crowded With Sellers
Tuesday, April 16, 1:43 PM

Notable Two Hundred Day Moving Average Cross - NEE
Tuesday, April 16, 1:43 PM

DFSD Breaks Below 200-Day Moving Average - Notable for DFSD
Tuesday, April 16, 1:43 PM

Vanguard Long-Term Bond Getting Very Oversold
Tuesday, April 16, 1:42 PM

NTDOF Makes Notable Cross Below Critical Moving Average
Tuesday, April 16, 1:42 PM