In trading on Monday, shares of the Goldman Sachs Dynamic New York Municipal Income ETF (GMNY) declined to a low of $49.47, entering oversold territory with a Relative Strength Index (RSI) of 29.9. Stocks with an RSI below 30 are typically considered oversold; in contrast, the S&P 500 has an RSI of 58.6.
Over the past year, GMNY has a 52-week low of $48.69 and a high of $50.86. Currently, the ETF is trading approximately 0.2% lower on the day.
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