Shares of CMDT Now Oversold
July 29, 2024 at 16:11 PM EDT
In trading on Monday, shares of the CMDT ETF (CMDT) entered into oversold territory, changing hands as low as $25.94 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..