KOMP Crowded With Sellers
January 19, 2022 at 16:26 PM EST
In trading on Wednesday, shares of the SPDR— S&P Kensho New Economies Composite ETF (KOMP) entered into oversold territory, changing hands as low as $53.40 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..