Shares of QQQE Now Oversold
April 19, 2024 at 16:29 PM EDT
In trading on Friday, shares of the DIREXION NASDAQ-100 EQUAL WEIGHTED INDEX SHARES ETF (QQQE) entered into oversold territory, changing hands as low as $82.52 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..