On Tuesday, shares of MAX Airlines -3X Inverse Leveraged ETN (Symbol: JETD) fell into oversold territory, trading as low as $2.2201 per share. The Relative Strength Index (RSI) for JETD reached 29.9, indicating heavy selling, while the S&P 500’s RSI is at 55.0. An RSI below 30 typically suggests that a stock is oversold.
Over the past year, JETD has seen a low point of $2.10 and a high of $9.03, with the most recent trade at $2.26, down approximately 0.4% on the day. These figures highlight the volatility and trading opportunities within the ETF.
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