CWEB Crosses Critical Technical Indicator
December 20, 2021 at 11:14 AM EST
In trading on Monday, shares of the Daily CSI China Internet Index Bull 2X Shares ETF (CWEB) entered into oversold territory, changing hands as low as $11.50 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..