PJP Crosses Critical Technical Indicator
October 24, 2018 at 15:56 PM EDT
In trading on Wednesday, shares of the Invesco Dynamic Pharmaceuticals ETF (PJP) entered into oversold territory, changing hands as low as $66.08 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..