EWD Crosses Critical Technical Indicator
January 15, 2016 at 11:00 AM EST
In trading on Friday, shares of the iShares MSCI Sweden ETF (EWD) entered into oversold territory, changing hands as low as $26.0901 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..