Invesco Aerospace & Defense (PPA) Enters Oversold Territory
December 20, 2018 at 16:12 PM EST
In trading on Thursday, shares of the Invesco Aerospace & Defense ETF (PPA) entered into oversold territory, changing hands as low as $48.70 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..