In trading on Monday, shares of the iShares S&P Small-Cap 600 Growth ETF (Symbol: IJT) fell to $105.515, indicating they are now in oversold territory with a Relative Strength Index (RSI) reading of 27.2. A stock is considered oversold when the RSI falls below 30; for comparison, the S&P 500 has an RSI of 35.2.
IJT’s current price is down approximately 2.5% for the day, with its 52-week low at $100.13 and a high of $129.76. The ETF’s last trade was at $106.15, presenting a potential entry point for bullish investors.
