In trading on Friday, shares of the Direxion Daily PLTR Bear 1X Shares ETF (PLTD) dropped to $6.71 per share, entering oversold territory with a Relative Strength Index (RSI) reading of 29.8, just below the oversold threshold of 30. In comparison, the S&P 500’s RSI stands at 75.2.
PLTD’s 52-week performance range is between $5.87 and $10.92, with the ETF currently down approximately 9.2% for the day. The last recorded trade was at $6.77 per share.
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