EAGL Shares Enter Oversold Territory

Avatar photo

“`html

On Thursday, shares of the Eagle Capital Select Equity ETF (EAGL) reached an oversold status, trading as low as $30.13 per share. This occurred when the Relative Strength Index (RSI) hit 28.8, below the 30 threshold typically indicating oversold conditions, compared to an RSI of 37.0 for the S&P 500.

EAGL’s 52-week performance shows a low of $24.58 and a high of $32.538, with the current price reflecting a 1.1% decline on the day. Investors may view the low RSI as a potential sign for buying opportunities as recent selling pressure may be easing.

“`

The free Daily Market Overview 250k traders and investors are reading

Read Now