In trading on Monday, shares of the Direxion Daily NVDA Bear 1X Shares ETF (NVDD) fell to $32.36, entering oversold territory with a Relative Strength Index (RSI) of 27.5. An RSI below 30 indicates oversold conditions, contrasting with an RSI of 68.1 for the S&P 500.
The Direxion NVDD has a 52-week low of $32.30 and a high of $71.499, with the latest trade at $32.33, representing a decline of approximately 3.5% for the day.
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