On Monday, trading for the GraniteShares 2x Long LCID Daily ETF (LCDL) reached an oversold territory, dropping to as low as $1.1199 per share. The Relative Strength Index (RSI) for LCDL was reported at 28.2, indicating heavy selling pressure, while the RSI for the S&P 500 stood at 69.5.
The shares of LCDL are down approximately 12.2% on the day, with a 52-week range that sees a low of $1.10 and a high of $41.67. The last trade price reflected a significant decline in performance compared to its 52-week high.
