EMLC Crowded With Sellers
September 23, 2015 at 15:51 PM EDT
In trading on Wednesday, shares of the Emerging Markets Local Currency Bond ETF (EMLC) entered into oversold territory, changing hands as low as $17.26 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..