Invesco S&P 500 High Beta Getting Very Oversold
June 28, 2018 at 11:14 AM EDT
In trading on Thursday, shares of the Invesco S&P 500 High Beta ETF (SPHB) entered into oversold territory, changing hands as low as $42.33 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..