Shares of EWY Now Oversold
September 22, 2014 at 16:06 PM EDT
In trading on Monday, shares of the iShares MSCI South Korea Capped ETF (EWY) entered into oversold territory, changing hands as low as $62.17 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..