Shares of ROBO Now Oversold
March 23, 2020 at 16:14 PM EDT
In trading on Monday, shares of the ROBO ETF (ROBO) entered into oversold territory, changing hands as low as $28.43 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..