TECL Crowded With Sellers
April 19, 2024 at 16:15 PM EDT
In trading on Friday, shares of the Direxion Daily Technology Bull 3X Shares ETF (TECL) entered into oversold territory, changing hands as low as $61.82 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..