EGShares Emerging Markets Consumer Getting Very Oversold
December 10, 2014 at 16:06 PM EST
In trading on Wednesday, shares of the EGShares Emerging Markets Consumer ETF (ECON) entered into oversold territory, changing hands as low as $25.08 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..