Shares of QQQ Now Oversold
January 21, 2022 at 16:04 PM EST
In trading on Friday, shares of the Invesco QQQ ETF (QQQ) entered into oversold territory, changing hands as low as $352.05 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..