In the case of Avantis U.S. Large Cap Value, the RSI reading has hit 29.9 — by comparison, the RSI reading for the S&P 500 is currently 42.9. A bullish investor could look at AVLV's 29.9 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
Looking at a chart of one year performance (below), AVLV's low point in its 52 week range is $56.1906 per share, with $71.39 as the 52 week high point — that compares with a last trade of $66.56. Avantis U.S. Large Cap Value shares are currently trading down about 0.5% on the day.
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Also see:
Dividend ETFs IMTX Average Annual Return
ETFs Holding ESRX
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
