iShares MSCI Hong Kong Small-Cap Getting Very Oversold
January 24, 2014 at 11:11 AM EST
In trading on Friday, shares of the iShares MSCI Hong Kong Small-Cap ETF (EWHS) entered into oversold territory, changing hands as low as $30.12 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.