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iShares MSCI Global Silver Miners (SLVP) Enters Oversold Territory

In trading on Friday, shares of the iShares MSCI Global Silver Miners ETF (SLVP) entered into oversold territory, changing hands as low as $11.89 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..
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