EMGF Crosses Critical Technical Indicator
December 22, 2016 at 15:51 PM EST
In trading on Thursday, shares of the iShares Edge MSCI Multifactor Emerging Markets ETF (EMGF) entered into oversold territory, changing hands as low as $34.65 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..