QQQY Crosses Critical Technical Indicator
April 19, 2024 at 16:29 PM EDT
In trading on Friday, shares of the QQQY ETF (QQQY) entered into oversold territory, changing hands as low as $15.02 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..