On Friday, shares of the iShares Self-Driving EV and Tech ETF (IDRV) hit an oversold level, trading as low as $36.58 per share. The Relative Strength Index (RSI) for IDRV registered at 29.1, indicating heavy selling pressure, compared to an RSI of 45.1 for the S&P 500.
IDRV’s performance over the past year shows a 52-week low of $30.48 and a high of $45.64, with the most recent trade at $36.76, representing a decline of approximately 1.9% for the day.
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