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On Thursday, shares of the iShares Core High Dividend ETF (HDV) dropped to $97.51, entering oversold territory with a Relative Strength Index (RSI) of 29.95. An asset is considered oversold when the RSI falls below 30. For comparison, the S&P 500 has an RSI of 31.7.
Currently trading down about 2.1%, HDV’s 52-week range shows a low of $93.48 and a high of $110.91, with the last trade at $98.00.
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