QQQY Enters Oversold Territory
July 31, 2024 at 11:24 AM EDT
In trading on Wednesday, shares of the QQQY ETF (QQQY) entered into oversold territory, changing hands as low as $13.17 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..