Video Gaming and eSports Getting Very Oversold
April 17, 2024 at 11:06 AM EDT
In trading on Wednesday, shares of the Video Gaming and eSports ETF (ESPO) entered into oversold territory, changing hands as low as $58.7849 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..
