Dimensional Core Fixed Income ETF Shows Oversold Signals at $40.56

In trading on Friday, shares of the Dimensional Core Fixed Income ETF (Symbol: DFCF) entered oversold territory, with prices dipping as low as $40.5601 per share. We define oversold conditions using the Relative Strength Index (RSI), a technical analysis tool that gauges momentum on a scale from zero to 100. When the RSI reading falls below 30, a stock is generally considered oversold.

Currently, DFCF’s RSI stands at 29.5, indicating a potential turning point. For context, the RSI for the S&P 500 is at 39.6. A bullish investor may interpret DFCF’s 29.5 reading as a sign that recent aggressive selling could be nearing an end, making this an attractive time to seek buying opportunities.

A look at DFCF’s one-year performance chart reveals that the ETF’s low point in its 52-week range is $40.5601, while it reached a high of $43.58. The last trade occurred at $40.80, and shares are currently trading down about 1.1% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.