ROBO Crosses Critical Technical Indicator
December 20, 2018 at 10:54 AM EST
In trading on Thursday, shares of the ROBO ETF (ROBO) entered into oversold territory, changing hands as low as $32.61 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..