Shares of VNM Now Oversold
March 18, 2015 at 10:58 AM EDT
In trading on Wednesday, shares of the Vietnam ETF (VNM) entered into oversold territory, changing hands as low as $17.63 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..