Latin America Small-Cap Index Getting Very Oversold
August 06, 2014 at 15:50 PM EDT
In trading on Wednesday, shares of the Latin America Small-Cap Index ETF (LATM) entered into oversold territory, changing hands as low as $19.509 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..