HEWG Crosses Critical Technical Indicator
July 31, 2017 at 16:06 PM EDT
In trading on Monday, shares of the iShares Currency Hedged MSCI Germany ETF (HEWG) entered into oversold territory, changing hands as low as $26.85 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..