iShares MSCI Emerging Markets Eastern Europe Getting Very Oversold
October 22, 2014 at 16:00 PM EDT
In trading on Wednesday, shares of the iShares MSCI Emerging Markets Eastern Europe ETF (ESR) entered into oversold territory, changing hands as low as $20.65 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..