In trading on Monday, shares of the GraniteShares 2x Long ISRG Daily ETF (ISUL) dropped to $19.25 per share, entering oversold territory with a Relative Strength Index (RSI) of 29.5. An asset is typically regarded as oversold when its RSI falls below 30. For context, the S&P 500’s RSI stands at 76.7.
The ETF has experienced a notable decline, trading down approximately 12.4% on the day. Its performance over the past year shows a 52-week low of $19.25 and a high of $42.6024, with the last trade recorded at $19.42.
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