iShares MSCI All Country Asia ex Japan (AAXJ) Enters Oversold Territory
June 26, 2018 at 10:59 AM EDT
In trading on Tuesday, shares of the iShares MSCI All Country Asia ex Japan ETF (AAXJ) entered into oversold territory, changing hands as low as $71.78 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..