Invesco PHLX Semiconductor Getting Very Oversold
April 19, 2024 at 16:29 PM EDT
In trading on Friday, shares of the Invesco PHLX Semiconductor ETF (SOXQ) entered into oversold territory, changing hands as low as $33.78 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..