iShares MSCI Brazil (EWZ) Enters Oversold Territory
June 27, 2018 at 15:50 PM EDT
In trading on Wednesday, shares of the iShares MSCI Brazil ETF (EWZ) entered into oversold territory, changing hands as low as $30.98 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..