Invesco Global Clean Energy Getting Very Oversold
December 03, 2021 at 11:04 AM EST
In trading on Friday, shares of the Invesco Global Clean Energy ETF (PBD) entered into oversold territory, changing hands as low as $27.73 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..