In the case of Vanguard FTSE All World ex-US Small-Cap, the RSI reading has hit 27.7 — by comparison, the RSI reading for the S&P 500 is currently 36.9. A bullish investor could look at VSS's 27.7 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
Looking at a chart of one year performance (below), VSS's low point in its 52 week range is $109.14 per share, with $126.7998 as the 52 week high point — that compares with a last trade of $110.49. Vanguard FTSE All World ex-US Small-Cap shares are currently trading off about 1.1% on the day.
Click here to find out what 9 other oversold dividend stocks you need to know about »
Also see:
Adobe YTD Return Top Ten Hedge Funds Holding LPA
EVP Videos
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
