EEM Crosses Critical Technical Indicator
August 18, 2015 at 11:03 AM EDT
In trading on Tuesday, shares of the iShares MSCI Emerging Markets ETF (EEM) entered into oversold territory, changing hands as low as $34.64 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..