China Industrials (CHII) Enters Oversold Territory
February 26, 2013 at 12:03 PM EST
In trading on Tuesday, shares of the China Industrials ETF (CHII) entered into oversold territory, changing hands as low as $11.79 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.