On Tuesday, shares of the High Yield Muni ETF (Symbol: HYD) traded as low as $61.56, entering oversold territory with a Relative Strength Index (RSI) of 27.9, below the 30 threshold. In comparison, the S&P 500’s RSI stands at 43.9.
HYD’s current price is down 0.3% for the day and is within its 52-week range of $61.09 to $63.98.
