EWC Crosses Critical Technical Indicator
Posted on November 15, 2012 at 16:24 PM EST
In trading on Thursday, shares of the iShares MSCI Canada Index Fund ETF (EWC) entered into oversold territory, changing hands as low as $26.80 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.