CGMU Crosses Critical Technical Indicator
October 23, 2024 at 16:33 PM EDT
In trading on Wednesday, shares of the CGMU ETF (CGMU) entered into oversold territory, changing hands as low as $27.03 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..