EWEM Crosses Critical Technical Indicator
March 10, 2015 at 15:50 PM EDT
In trading on Tuesday, shares of the Guggenheim MSCI Emerging Markets Equal Country Weight ETF (EWEM) entered into oversold territory, changing hands as low as $31.33 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..