iShares MSCI Sweden Getting Very Oversold
September 20, 2021 at 10:58 AM EDT
In trading on Monday, shares of the iShares MSCI Sweden ETF (EWD) entered into oversold territory, changing hands as low as $45.41 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..