WisdomTree Asia Local Debt Fund Getting Very Oversold
August 21, 2013 at 12:30 PM EDT
In trading on Wednesday, shares of the WisdomTree Asia Local Debt Fund ETF (ALD) entered into oversold territory, changing hands as low as $47.54 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.