EWJ Crosses Critical Technical Indicator
December 21, 2018 at 10:57 AM EST
In trading on Friday, shares of the iShares MSCI Japan ETF (EWJ) entered into oversold territory, changing hands as low as $49.9901 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..