iShares MSCI Sweden (EWD) Enters Oversold Territory
December 12, 2013 at 15:53 PM EST
In trading on Thursday, shares of the iShares MSCI Sweden ETF (EWD) entered into oversold territory, changing hands as low as $32.62 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.