The Technology Select Sector SPDR Fund (XLK) Enters Oversold Territory
April 19, 2024 at 16:20 PM EDT
In trading on Friday, shares of the The Technology Select Sector SPDR Fund ETF (XLK) entered into oversold territory, changing hands as low as $192.05 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..