On Wednesday, shares of the T-Rex 2X Long GLXY Daily Target ETF (GLXU) reached an oversold condition, trading as low as $3.70 per share. The Relative Strength Index (RSI) for GLXU hit 28.9, indicating heavy selling pressure; a stock is considered oversold if the RSI falls below 30. In contrast, the S&P 500’s RSI is significantly higher at 66.1.
GLXU’s current trading value sits at $3.77, down approximately 25.7% for the day. The ETF’s 52-week performance shows a low point of $3.67 and a high point of $56.51.
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