Shares of ESPO Now Oversold
January 27, 2022 at 15:59 PM EST
In trading on Thursday, shares of the Video Gaming and eSports ETF (ESPO) entered into oversold territory, changing hands as low as $58.51 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..