GRPM Crosses Critical Technical Indicator
December 19, 2024 at 16:06 PM EST
In trading on Thursday, shares of the Invesco S&P MidCap 400 GARP ETF (GRPM) entered into oversold territory, changing hands as low as $112 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..