Shares of IBDX Now Oversold
April 16, 2024 at 13:22 PM EDT
In trading on Tuesday, shares of the IBDX ETF (IBDX) entered into oversold territory, changing hands as low as $23.94 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..