Emerging Markets High Yield Bond (HYEM) Enters Oversold Territory
October 06, 2014 at 15:50 PM EDT
In trading on Monday, shares of the Emerging Markets High Yield Bond ETF (HYEM) entered into oversold territory, changing hands as low as $25.16 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..