By: ETF Channel
April 01, 2013 at 15:50 PM EDT
BRAQ Crowded With Sellers
In trading on Monday, shares of the Brazil Consumer ETF (BRAQ) entered into oversold territory, changing hands as low as $19.9117 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.
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