iShares MSCI Malaysia Getting Very Oversold
May 31, 2016 at 10:54 AM EDT
In trading on Tuesday, shares of the iShares MSCI Malaysia ETF (EWM) entered into oversold territory, changing hands as low as $7.92 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..