iShares MSCI Thailand Getting Very Oversold
April 26, 2022 at 11:05 AM EDT
In trading on Tuesday, shares of the iShares MSCI Thailand ETF (THD) entered into oversold territory, changing hands as low as $73.92 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..