Shares of SBIO Now Oversold
May 11, 2021 at 10:56 AM EDT
In trading on Tuesday, shares of the SBIO ETF (SBIO) entered into oversold territory, changing hands as low as $42.52 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..