Shares of EWZ Now Oversold
August 26, 2019 at 11:24 AM EDT
In trading on Monday, shares of the iShares MSCI Brazil ETF (EWZ) entered into oversold territory, changing hands as low as $39.115 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..