iShares MSCI South Africa Getting Very Oversold
December 04, 2015 at 10:50 AM EST
In trading on Friday, shares of the iShares MSCI South Africa ETF (EZA) entered into oversold territory, changing hands as low as $49.93 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..