iShares MSCI Spain Getting Very Oversold
November 12, 2024 at 16:12 PM EST
In trading on Tuesday, shares of the iShares MSCI Spain ETF (EWP) entered into oversold territory, changing hands as low as $32.12 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..