BLDRS Asia 50 ADR Index Fund Getting Very Oversold
June 09, 2015 at 11:21 AM EDT
In trading on Tuesday, shares of the BLDRS Asia 50 ADR Index Fund ETF (ADRA) entered into oversold territory, changing hands as low as $30.43 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..