FTSE RAFI Emerging Markets Portfolio Getting Very Oversold
January 29, 2014 at 15:52 PM EST
In trading on Wednesday, shares of the FTSE RAFI Emerging Markets Portfolio ETF (PXH) entered into oversold territory, changing hands as low as $18.38 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.