Vanguard FTSE Developed Markets Getting Very Oversold
February 11, 2016 at 11:38 AM EST
In trading on Thursday, shares of the Vanguard FTSE Developed Markets ETF (VEA) entered into oversold territory, changing hands as low as $32.165 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..