SPDR S&P Emerging Latin America Getting Very Oversold
July 03, 2013 at 10:59 AM EDT
In trading on Wednesday, shares of the SPDR S&P Emerging Latin America ETF (GML) entered into oversold territory, changing hands as low as $59.24 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.