Shares of GREK Now Oversold
May 16, 2014 at 10:51 AM EDT
In trading on Friday, shares of the FTSE Greece 20 ETF (GREK) entered into oversold territory, changing hands as low as $19.99 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..