Shares of AFK Now Oversold
April 15, 2013 at 16:07 PM EDT
In trading on Monday, shares of the Africa Index ETF (AFK) entered into oversold territory, changing hands as low as $28.6901 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.