Invesco Emerging Markets Sovereign Debt Getting Very Oversold
September 22, 2020 at 15:59 PM EDT
In trading on Tuesday, shares of the Invesco Emerging Markets Sovereign Debt ETF (PCY) entered into oversold territory, changing hands as low as $27.19 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..