WisdomTree Chinese Yuan Strategy Fund Getting Very Oversold
April 23, 2014 at 10:52 AM EDT
In trading on Wednesday, shares of the WisdomTree Chinese Yuan Strategy Fund ETF (CYB) entered into oversold territory, changing hands as low as $24.90 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..