iShares MSCI Italy Getting Very Oversold
May 23, 2018 at 10:48 AM EDT
In trading on Wednesday, shares of the iShares MSCI Italy ETF (EWI) entered into oversold territory, changing hands as low as $31.50 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..