ARKQ Crosses Critical Technical Indicator
March 05, 2021 at 11:26 AM EST
In trading on Friday, shares of the ARK Autonomous Technology & Robotics ETF (ARKQ) entered into oversold territory, changing hands as low as $76.58 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..