EWU Crosses Critical Technical Indicator
September 01, 2015 at 11:09 AM EDT
In trading on Tuesday, shares of the iShares MSCI United Kingdom ETF (EWU) entered into oversold territory, changing hands as low as $16.52 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..