iShares MSCI South Korea Capped (EWY) Enters Oversold Territory
January 08, 2016 at 15:55 PM EST
In trading on Friday, shares of the iShares MSCI South Korea Capped ETF (EWY) entered into oversold territory, changing hands as low as $46.835 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..