SCMB Enters Oversold Territory
April 02, 2024 at 11:04 AM EDT
In trading on Tuesday, shares of the SCMB ETF (SCMB) entered into oversold territory, changing hands as low as $51.5899 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..