Shares of CMDY Now Oversold
December 17, 2024 at 11:27 AM EST
In trading on Tuesday, shares of the iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) entered into oversold territory, changing hands as low as $46.575 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..