XITK Crosses Critical Technical Indicator
May 06, 2021 at 11:01 AM EDT
In trading on Thursday, shares of the SPDR— FactSet Innovative Technology ETF (XITK) entered into oversold territory, changing hands as low as $196.08 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..