Shares of AIA Now Oversold
January 24, 2014 at 11:16 AM EST
In trading on Friday, shares of the iShares Asia 50 ETF (AIA) entered into oversold territory, changing hands as low as $44.38 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.