iShares MSCI Australia Small-Cap (EWAS) Enters Oversold Territory
December 01, 2014 at 10:51 AM EST
In trading on Monday, shares of the iShares MSCI Australia Small-Cap ETF (EWAS) entered into oversold territory, changing hands as low as $17.70 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..