Invesco Variable Rate Investment Grade Getting Very Oversold
May 20, 2022 at 15:57 PM EDT
In trading on Friday, shares of the Invesco Variable Rate Investment Grade ETF (VRIG) entered into oversold territory, changing hands as low as $24.81 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..