Oversold GCC ETFs
Funds whose 14-day RSI has fallen to 30 or below. RSI measures how one-sided recent sessions have been, not whether a fund is cheap — a listing can stay oversold for weeks while the thing driving it is still underway. Narrowed to funds listed in the Gulf and Egypt — the ADX and DFM, Tadawul, Boursa Kuwait, the QSE, the MSX and the EGX. Calculated from closing prices after each market close, and only for listings with at least 120 observed sessions. These readings describe past price behaviour; they are not advice or a recommendation to buy or sell.
Oversold GCC ETFs
| Fund | RSI (14) |
|---|---|
| TURKILunate S&P Turkey Shariah ETF Class B | 15.3 |
| LUXURYBoreas S&P Absolute Luxury UCITS ETF - AED (Dist) | 25.2 |
| QUANTMBoreas Solactive Quantum Computing UCITS ETF - AED (Dist) | 29.6 |