Shares of ICOW Now Oversold
May 31, 2023 at 15:18 PM EDT
In trading on Wednesday, shares of the ICOW ETF (ICOW) entered into oversold territory, changing hands as low as $27.95 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..