Next Emerging & Frontier (EMFM) Enters Oversold Territory
June 01, 2015 at 11:16 AM EDT
In trading on Monday, shares of the Next Emerging & Frontier ETF (EMFM) entered into oversold territory, changing hands as low as $22.14 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..