iShares Currency Hedged MSCI EAFE Getting Very Oversold

In trading on Wednesday, shares of the iShares Currency Hedged MSCI EAFE ETF (HEFA) entered into oversold territory, changing hands as low as $26.53 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..
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