Shares of EWA Now Oversold
July 08, 2015 at 10:57 AM EDT
In trading on Wednesday, shares of the iShares MSCI Australia ETF (EWA) entered into oversold territory, changing hands as low as $20.325 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..