EWA Crowded With Sellers
January 08, 2016 at 15:55 PM EST
In trading on Friday, shares of the iShares MSCI Australia ETF (EWA) entered into oversold territory, changing hands as low as $16.90 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..