iShares MSCI Malaysia (EWM) Enters Oversold Territory
January 05, 2015 at 15:59 PM EST
In trading on Monday, shares of the iShares MSCI Malaysia ETF (EWM) entered into oversold territory, changing hands as low as $12.83 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..