Shares of RYU Now Oversold
November 11, 2019 at 10:52 AM EST
In trading on Monday, shares of the Invesco S&P 500— Equal Weight Utilities ETF (RYU) entered into oversold territory, changing hands as low as $101.24 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..