Invesco S&P 500 Equal Weight (RSP) Enters Oversold Territory
December 23, 2024 at 11:46 AM EST
In trading on Monday, shares of the Invesco S&P 500 Equal Weight ETF (RSP) entered into oversold territory, changing hands as low as $174.73 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..