CONY Getting Very Oversold
August 07, 2024 at 11:06 AM EDT
In trading on Wednesday, shares of the CONY ETF (CONY) entered into oversold territory, changing hands as low as $14.8704 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..