EGShares EGAI Emerging Markets Quality Dividend Getting Very Oversold
July 08, 2015 at 11:10 AM EDT
In trading on Wednesday, shares of the EGShares EGAI Emerging Markets Quality Dividend ETF (HILO) entered into oversold territory, changing hands as low as $13.43 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..