EFG Crowded With Sellers
June 24, 2013 at 13:19 PM EDT
In trading on Monday, shares of the iShares MSCI EAFE Growth Index Fund ETF (EFG) entered into oversold territory, changing hands as low as $60.4621 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.