JNUG Crosses Critical Technical Indicator
July 01, 2021 at 10:53 AM EDT
In trading on Thursday, shares of the Daily Junior Gold Miners Index Bull 2X Shares ETF (JNUG) entered into oversold territory, changing hands as low as $81.12 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..