iShares Emerging Markets Local Currency Bond (LEMB) Enters Oversold Territory
September 02, 2015 at 10:59 AM EDT
In trading on Wednesday, shares of the iShares Emerging Markets Local Currency Bond ETF (LEMB) entered into oversold territory, changing hands as low as $40.40 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..