Shares of FCHI Now Oversold
July 06, 2015 at 12:43 PM EDT
In trading on Monday, shares of the iShares FTSE China ETF (FCHI) entered into oversold territory, changing hands as low as $54.31 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..