KARS Crosses Critical Technical Indicator
December 29, 2021 at 10:59 AM EST
In trading on Wednesday, shares of the KARS ETF (KARS) entered into oversold territory, changing hands as low as $45.81 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..