CMDY Crowded With Sellers
May 25, 2023 at 16:28 PM EDT
In trading on Thursday, shares of the iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) entered into oversold territory, changing hands as low as $48 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..