Shares of KWEB Now Oversold
March 08, 2021 at 16:16 PM EST
In trading on Monday, shares of the KWEB ETF (KWEB) entered into oversold territory, changing hands as low as $78.48 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..