SVOL Getting Very Oversold
April 12, 2024 at 11:12 AM EDT
In trading on Friday, shares of the SVOL ETF (SVOL) entered into oversold territory, changing hands as low as $21.96 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..