Shares of ASEA Now Oversold
December 11, 2013 at 15:50 PM EST
In trading on Wednesday, shares of the FTSE ASEAN 40 ETF (ASEA) entered into oversold territory, changing hands as low as $15.901 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.