EGShares FTSE Beyond BRICs Getting Very Oversold
July 07, 2015 at 11:29 AM EDT
In trading on Tuesday, shares of the EGShares FTSE Beyond BRICs ETF (BBRC) entered into oversold territory, changing hands as low as $18.4901 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..