Shares of VRP Now Oversold
November 14, 2018 at 15:50 PM EST
In trading on Wednesday, shares of the Invesco Variable Rate Preferred ETF (VRP) entered into oversold territory, changing hands as low as $24.13 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..