JPEM Crosses Critical Technical Indicator
March 05, 2020 at 16:06 PM EST
In trading on Thursday, shares of the JPEM ETF (JPEM) entered into oversold territory, changing hands as low as $50.02 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..