Invesco S&P 500 Equal Weight Materials (RSPM) Enters Oversold Territory
December 13, 2024 at 12:32 PM EST
In trading on Friday, shares of the Invesco S&P 500 Equal Weight Materials ETF (RSPM) entered into oversold territory, changing hands as low as $34.56 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..
