ACDC Crosses Critical Technical Indicator
August 25, 2023 at 11:27 AM EDT
In trading on Friday, shares of ProFrac Holding Corp (ACDC) entered into oversold territory, changing hands as low as $9.97 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..