Shares of PRN Now Oversold
December 23, 2024 at 12:26 PM EST
In trading on Monday, shares of the Invesco Dorsey Wright Industrials Momentum ETF (PRN) entered into oversold territory, changing hands as low as $155.20 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..