In trading on Wednesday, shares of the Lazard Listed Infrastructure ETF (GLIX) fell to $26.47, entering oversold territory with a Relative Strength Index (RSI) reading of 29.4. Stocks are classified as oversold when the RSI is below 30. In contrast, the S&P 500’s RSI is currently at 53.8.
The 52-week trading range for GLIX spans from a low of $24.74 to a high of $29.23. As of the latest trade, the ETF is down approximately 0.5% for the day, with its last price reported at $26.53.
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