In trading on Thursday, shares of the ProShares VIX Mid-Term Futures ETF (VIXM) entered oversold territory, reaching a low of $13.60 per share. The Relative Strength Index (RSI) for VIXM fell to 28.4, indicating increased selling momentum, whereas the S&P 500’s RSI sits at 55.7.
VIXM’s current trading price is $13.64, which is approximately 1.4% lower on the day. The ETF’s 52-week range shows a low of $13.60 and a high of $17.72, suggesting potential opportunities for bullish investors looking for entry points as selling pressure may be waning.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
