In trading on Wednesday, shares of the ILS ETF (Symbol: ILS) fell to $19.76, marking an entry into oversold territory as indicated by a Relative Strength Index (RSI) of 19.6, significantly below the 30 threshold. For context, the S&P 500’s RSI stands at 38.8.
Over the past year, ILS has experienced a 52-week high of $22.76 and a low of $19.68. Following the latest trade, ILS shares are down approximately 1.8% for the day.
