MSCI Colombia Getting Very Oversold
November 13, 2014 at 11:04 AM EST
In trading on Thursday, shares of the MSCI Colombia ETF (GXG) entered into oversold territory, changing hands as low as $16.66 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..