S&P Emerging Markets Low Volatility Portfolio (EELV) Enters Oversold Territory
January 24, 2014 at 17:26 PM EST
In trading on Friday, shares of the S&P Emerging Markets Low Volatility Portfolio ETF (EELV) entered into oversold territory, changing hands as low as $25.45 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.