EMDD Crowded With Sellers
January 31, 2014 at 10:57 AM EST
In trading on Friday, shares of the Emerging Markets Domestic Demand ETF (EMDD) entered into oversold territory, changing hands as low as $20.26 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.