iShares Emerging Markets Corporate Bond (CEMB) Enters Oversold Territory
December 10, 2014 at 16:02 PM EST
In trading on Wednesday, shares of the iShares Emerging Markets Corporate Bond ETF (CEMB) entered into oversold territory, changing hands as low as $48.81 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..