iShares MSCI Australia Small-Cap Getting Very Oversold
December 17, 2013 at 10:52 AM EST
In trading on Tuesday, shares of the iShares MSCI Australia Small-Cap ETF (EWAS) entered into oversold territory, changing hands as low as $19.79 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.