Shares of ADRA Now Oversold
December 15, 2014 at 15:59 PM EST
In trading on Monday, shares of the BLDRS Asia 50 ADR Index Fund ETF (ADRA) entered into oversold territory, changing hands as low as $27.82 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..