Daily Gold Miners Index Bull 2X Shares Getting Very Oversold
December 02, 2021 at 11:00 AM EST
In trading on Thursday, shares of the Daily Gold Miners Index Bull 2X Shares ETF (NUGT) entered into oversold territory, changing hands as low as $44.64 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..