Invesco S&P Global Water Index Getting Very Oversold
June 21, 2018 at 15:56 PM EDT
In trading on Thursday, shares of the Invesco S&P Global Water Index ETF (CGW) entered into oversold territory, changing hands as low as $33.33 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..