iShares Asia 50 (AIA) Enters Oversold Territory
May 12, 2021 at 16:03 PM EDT
In trading on Wednesday, shares of the iShares Asia 50 ETF (AIA) entered into oversold territory, changing hands as low as $86.87 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..