Invesco Leisure and Entertainment Getting Very Oversold
October 03, 2023 at 16:29 PM EDT
In trading on Tuesday, shares of the Invesco Leisure and Entertainment ETF (PEJ) entered into oversold territory, changing hands as low as $37.16 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..