In trading on Thursday, shares of the Roundhill Meme Stock ETF (Symbol: MEME) fell to $6.81 per share, entering oversold territory with a Relative Strength Index (RSI) reading of 28.8, well below the oversold threshold of 30. For context, the S&P 500’s RSI is currently at 50.6.
MEME’s 52-week performance shows a low of $5.3252 and a high of $11.91. The ETF’s shares are down approximately 9.5% for the day, with the last trade recorded at $6.86.
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