VRIG Crosses Critical Technical Indicator
September 30, 2022 at 10:55 AM EDT
In trading on Friday, shares of the Invesco Variable Rate Investment Grade ETF (VRIG) entered into oversold territory, changing hands as low as $24.62 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..