EUFN Crosses Critical Technical Indicator
January 09, 2015 at 10:56 AM EST
In trading on Friday, shares of the iShares MSCI Europe Financials ETF (EUFN) entered into oversold territory, changing hands as low as $20.91 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..