iShares MSCI United Kingdom Getting Very Oversold
October 01, 2014 at 11:56 AM EDT
In trading on Wednesday, shares of the iShares MSCI United Kingdom ETF (EWU) entered into oversold territory, changing hands as low as $19.23 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..