ARK Innovation (ARKK) Enters Oversold Territory
December 01, 2021 at 16:08 PM EST
In trading on Wednesday, shares of the ARK Innovation ETF (ARKK) entered into oversold territory, changing hands as low as $98.76 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..