In trading on Monday, shares of the iShares Core U.S. Aggregate Bond ETF (AGG) fell into oversold territory, trading as low as $94.48 per share. The Relative Strength Index (RSI) for AGG has reached 28.8, indicating significant selling pressure, as an RSI below 30 is considered oversold. In comparison, the S&P 500 has an RSI of 49.7.
AGG’s performance shows a 52-week low of $94.48 and a high of $101.46, with the last trade recorded at $94.68, a decrease of approximately 0.5% for the day. Investors may view the low RSI reading as an opportunity to consider potential buying positions.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
