On Monday, shares of the MUB ETF (Symbol: MUB) reached an oversold condition, trading as low as $105.97 per share. The Relative Strength Index (RSI), a technical analysis indicator, indicated an RSI reading of 29.6, below the oversold threshold of 30. In comparison, the S&P 500’s RSI stands at 46.9.
MUB’s current trading price of $105.96 is close to its 52-week low of $104.21, while its high is $117.20. The ETF is down approximately 0.2% for the day.
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