EFAX Crowded With Sellers
December 20, 2024 at 12:37 PM EST
In trading on Friday, shares of the SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) entered into oversold territory, changing hands as low as $39.31 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..