ROUS Getting Very Oversold
April 17, 2024 at 16:09 PM EDT
In trading on Wednesday, shares of the ROUS ETF (ROUS) entered into oversold territory, changing hands as low as $45.56 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..