SPDR S&P Emerging Markets Small Cap (EWX) Enters Oversold Territory
August 21, 2015 at 10:50 AM EDT
In trading on Friday, shares of the SPDR S&P Emerging Markets Small Cap ETF (EWX) entered into oversold territory, changing hands as low as $37.28 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..