iShares MSCI Europe Financials (EUFN) Enters Oversold Territory
February 03, 2016 at 10:50 AM EST
In trading on Wednesday, shares of the iShares MSCI Europe Financials ETF (EUFN) entered into oversold territory, changing hands as low as $16.86 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..