GXG Crosses Critical Technical Indicator
December 27, 2013 at 10:52 AM EST
In trading on Friday, shares of the FTSE Colombia 20 ETF (GXG) entered into oversold territory, changing hands as low as $18.0408 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.