Shares of EMGF Now Oversold
March 09, 2020 at 11:08 AM EDT
In trading on Monday, shares of the iShares Edge MSCI Multifactor Emerging Markets ETF (EMGF) entered into oversold territory, changing hands as low as $37.42 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..