SMMU Enters Oversold Territory
October 24, 2024 at 11:06 AM EDT
In trading on Thursday, shares of the SMMU ETF (SMMU) entered into oversold territory, changing hands as low as $49.9238 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..