BRAF Crowded With Sellers
November 07, 2013 at 16:12 PM EST
In trading on Thursday, shares of the Brazil Financials ETF (BRAF) entered into oversold territory, changing hands as low as $11.277 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.