SBIO Crosses Critical Technical Indicator
February 27, 2020 at 11:15 AM EST
In trading on Thursday, shares of the SBIO ETF (SBIO) entered into oversold territory, changing hands as low as $37.46 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..