KWEB Crosses Critical Technical Indicator
May 22, 2019 at 10:54 AM EDT
In trading on Wednesday, shares of the KWEB ETF (KWEB) entered into oversold territory, changing hands as low as $42.12 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..