EGRW Crosses Critical Technical Indicator
July 24, 2015 at 10:52 AM EDT
In trading on Friday, shares of the iShares MSCI Emerging Markets Growth ETF (EGRW) entered into oversold territory, changing hands as low as $50.03 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..