iShares MSCI Australia Small Cap Index Fund (EWAS) Enters Oversold Territory
May 22, 2013 at 15:53 PM EDT
In trading on Wednesday, shares of the iShares MSCI Australia Small Cap Index Fund ETF (EWAS) entered into oversold territory, changing hands as low as $22.06 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.