Shares of EWGS ETF Now Oversold
May 18, 2012 at 15:49 PM EDT
In trading on Friday, shares of the iShares MSCI Germany Small Cap Index Fund ETF (EWGS) entered into oversold territory, changing hands as low as $25.63 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.