Shares of IEMG Now Oversold
August 17, 2021 at 15:56 PM EDT
In trading on Tuesday, shares of the iShares Core MSCI Emerging Markets ETF (IEMG) entered into oversold territory, changing hands as low as $61.24 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..