ARKK Crosses Critical Technical Indicator
April 15, 2024 at 16:54 PM EDT
In trading on Monday, shares of the ARK Innovation ETF (ARKK) entered into oversold territory, changing hands as low as $44.245 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..