On Friday, trading for the Hedgeye Fourth Turning ETF (HEFT) saw shares drop to $25.43, entering oversold territory with a Relative Strength Index (RSI) reading of 25.5. This indicator suggests momentum has diminished, as readings below 30 signify oversold conditions. In contrast, the S&P 500 holds an RSI of 72.1.
The ETF’s performance reveals a 52-week low of $24.92 and a high of $28.28, with the last trade recorded at $25.59. Hedgeye Fourth Turning shares are down approximately 1.4% for the day.
