In trading on Tuesday, shares of the Dimensional California Municipal Bond ETF (DFCA) fell to $49.61, entering oversold territory with a Relative Strength Index (RSI) of 29.5. An asset is considered oversold when its RSI drops below 30; for context, the S&P 500’s RSI is at 69.7.
Over the past year, DFCA’s share price ranged from a low of $48.93 to a high of $50.78. As of the last trade, shares were down approximately 0.3% on the day, currently trading at $49.69.
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