Shares of EWG Now Oversold
February 11, 2016 at 11:38 AM EST
In trading on Thursday, shares of the iShares MSCI Germany ETF (EWG) entered into oversold territory, changing hands as low as $22.82 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..