In the case of Schwab U.S. Large-Cap Growth, the RSI reading has hit 29.6 — by comparison, the RSI reading for the S&P 500 is currently 39.3. A bullish investor could look at SCHG's 29.6 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), SCHG's low point in its 52 week range is $21.3703 per share, with $33.7385 as the 52 week high point — that compares with a last trade of $31.55. Schwab U.S. Large-Cap Growth shares are currently trading down about 2.4% on the day.
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Also see:
SNNF Insider Buying SIGA Insider Buying
NATR Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
