XMLV Crosses Critical Technical Indicator
September 21, 2020 at 11:04 AM EDT
In trading on Monday, shares of the Invesco S&P MidCap Low Volatility ETF (XMLV) entered into oversold territory, changing hands as low as $40.70 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..