iShares MSCI Emerging Markets Latin America (EEML) Enters Oversold Territory
January 09, 2014 at 11:06 AM EST
In trading on Thursday, shares of the iShares MSCI Emerging Markets Latin America ETF (EEML) entered into oversold territory, changing hands as low as $40.49 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.