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On Friday, shares of The Defiance Quantum ETF (Symbol: QTUM) traded at a low of $98.2101, entering oversold territory with a Relative Strength Index (RSI) of 28.9, compared to the S&P 500’s RSI of 37.1. An RSI below 30 indicates a stock is considered oversold, suggesting potential buying opportunities as heavy selling may be exhausting.
QTUM’s 52-week performance shows a low of $62.70 and a high of $115.75, with the last trade at $99.04, reflecting a decline of about 1.9% on the day.
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