In the case of Vanguard Russell 3000, the RSI reading has hit 29.4 — by comparison, the RSI reading for the S&P 500 is currently 31.0. A bullish investor could look at VTHR's 29.4 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), VTHR's low point in its 52 week range is $219.39 per share, with $272.04 as the 52 week high point — that compares with a last trade of $248.67. Vanguard Russell 3000 shares are currently trading off about 2.1% on the day.
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