Invesco CurrencyShares Canadian Dollar Trust ETF (Symbol: FXC) shares traded at $68.71 on Monday, entering oversold territory with a Relative Strength Index (RSI) reading of 28.0, below the critical threshold of 30. This level contrasts with an RSI of 58.6 for the S&P 500, indicating significant selling pressure.
The ETF’s 52-week trading range shows a low of $68.64 and a high of $72.469, with the latest trade at $68.83, reflecting a decline of approximately 0.3% for the day. Investors may view the low RSI as a potential buying opportunity amid signs of exhausted selling.
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