S&P International Developed High Quality Portfolio Getting Very Oversold
May 23, 2012 at 15:59 PM EDT
In trading on Wednesday, shares of the S&P International Developed High Quality Portfolio ETF (IDHQ) entered into oversold territory, changing hands as low as $14.628 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.