Shares of EWD Now Oversold
December 16, 2014 at 11:00 AM EST
In trading on Tuesday, shares of the iShares MSCI Sweden ETF (EWD) entered into oversold territory, changing hands as low as $31.35 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..