Shares of HEWJ Now Oversold
February 10, 2016 at 16:03 PM EST
In trading on Wednesday, shares of the iShares Currency Hedged MSCI Japan ETF (HEWJ) entered into oversold territory, changing hands as low as $23.43 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..