HYEM Crosses Critical Technical Indicator
August 13, 2015 at 10:56 AM EDT
In trading on Thursday, shares of the Emerging Markets High Yield Bond ETF (HYEM) entered into oversold territory, changing hands as low as $23.405 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..