SPGP Crosses Critical Technical Indicator
December 19, 2024 at 11:15 AM EST
In trading on Thursday, shares of the Invesco S&P 500 GARP ETF (SPGP) entered into oversold territory, changing hands as low as $103.95 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..
