By: ETF Channel
August 27, 2013 at 11:05 AM EDT
Shares of CEW Now Oversold
In trading on Tuesday, shares of the Emerging Market Currency ETF (CEW) entered into oversold territory, changing hands as low as $18.20 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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