MSCI Colombia (GXG) Enters Oversold Territory
June 26, 2015 at 11:33 AM EDT
In trading on Friday, shares of the MSCI Colombia ETF (GXG) entered into oversold territory, changing hands as low as $10.75 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..