KBE Getting Very Oversold
September 27, 2022 at 15:49 PM EDT
In trading on Tuesday, shares of the KBE ETF (KBE) entered into oversold territory, changing hands as low as $43.98 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..