On Wednesday, shares of the VanEck Office and Commercial REIT ETF (Symbol: DESK) fell to $38.84, entering oversold territory with a Relative Strength Index (RSI) reading of 27.5. This compares to the S&P 500’s RSI of 52.6, indicating recent heavy selling may be nearing exhaustion.
Over the past year, DESK has fluctuated between a low of $31.9993 and a high of $43.92. Currently, shares are trading down approximately 1.8% for the day.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
