Shares of EEMA Now Oversold
October 05, 2018 at 15:59 PM EDT
In trading on Friday, shares of the iShares MSCI Emerging Markets Asia ETF (EEMA) entered into oversold territory, changing hands as low as $63.41 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..