BBRC Crosses Critical Technical Indicator
August 12, 2015 at 11:12 AM EDT
In trading on Wednesday, shares of the EGShares FTSE Beyond BRICs ETF (BBRC) entered into oversold territory, changing hands as low as $17.3152 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..