Pacer US Large Cap Cash Cows Growth Leaders Shows Signs of Being Oversold

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On Thursday, shares of the Pacer US Large Cap Cash Cows Growth Leaders ETF (Symbol: COWG) traded as low as $33.055 per share, entering oversold territory with a Relative Strength Index (RSI) reading of 27.0. This reading indicates momentum weakness, as stocks are considered oversold when the RSI falls below 30. In comparison, the S&P 500’s RSI is currently at 37.0.

COWG’s 52-week performance shows a low of $26.20 and a high of $37.1651, with the most recent trade at $33.14, representing a decline of about 2.4% on the day.

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