EGShares FTSE Beyond BRICs (BBRC) Enters Oversold Territory
June 01, 2015 at 11:15 AM EDT
In trading on Monday, shares of the EGShares FTSE Beyond BRICs ETF (BBRC) entered into oversold territory, changing hands as low as $19.3501 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..