CGMS Getting Very Oversold
October 31, 2024 at 11:11 AM EDT
In trading on Thursday, shares of the CGMS ETF (CGMS) entered into oversold territory, changing hands as low as $27.305 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..
