Invesco Variable Rate Preferred Getting Very Oversold
January 28, 2022 at 11:05 AM EST
In trading on Friday, shares of the Invesco Variable Rate Preferred ETF (VRP) entered into oversold territory, changing hands as low as $25.2601 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..