EWM Crosses Critical Technical Indicator
May 09, 2018 at 15:52 PM EDT
In trading on Wednesday, shares of the iShares MSCI Malaysia ETF (EWM) entered into oversold territory, changing hands as low as $31.21 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..