GOVI Crosses Critical Technical Indicator
October 10, 2024 at 11:10 AM EDT
In trading on Thursday, shares of the Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) entered into oversold territory, changing hands as low as $28.27 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..
