On Tuesday, shares of the Global X MSCI Argentina ETF (Symbol: ARGT) traded as low as $82.0201, entering oversold territory with a Relative Strength Index (RSI) of 29.6. This threshold indicates significant selling pressure, as a stock is considered oversold when the RSI falls below 30. In contrast, the S&P 500’s RSI is at 65.4.
Historically, ARGT’s 52-week range is between $51.09 (low) and $95.87 (high), with the last trade at $82.66, reflecting a decrease of about 0.8% on the day.
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