Shares of AND Now Oversold
November 08, 2013 at 10:58 AM EST
In trading on Friday, shares of the FTSE Andean 40 ETF (AND) entered into oversold territory, changing hands as low as $11.89 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.