LABU Getting Very Oversold
September 26, 2022 at 16:15 PM EDT
In trading on Monday, shares of the LABU ETF (LABU) entered into oversold territory, changing hands as low as $6.10 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..