Shares of PEY Now Oversold
June 18, 2021 at 15:53 PM EDT
In trading on Friday, shares of the Invesco High Yield Equity Dividend Achievers ETF (PEY) entered into oversold territory, changing hands as low as $20.315 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..