Shares of ENZL Now Oversold
October 11, 2016 at 10:52 AM EDT
In trading on Tuesday, shares of the iShares MSCI New Zealand Capped ETF (ENZL) entered into oversold territory, changing hands as low as $43.38 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..