EEMV Crosses Critical Technical Indicator
June 01, 2015 at 11:10 AM EDT
In trading on Monday, shares of the iShares MSCI Emerging Markets Minimum Volatility ETF (EEMV) entered into oversold territory, changing hands as low as $59.60 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..