Shares of EWX Now Oversold
July 06, 2015 at 11:26 AM EDT
In trading on Monday, shares of the SPDR S&P Emerging Markets Small Cap ETF (EWX) entered into oversold territory, changing hands as low as $43.55 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..