Volkswagon VLKAY vs SP500 SPY Daily - 3 years - Deeply oversold

Volkswagon VLKAY trades back and forth over a range against the S&P500 going back 3 years. It is down to the bottom end of the channel and turning up over the past four days.

Perhaps the oversold level will relieve itself and lift back to the 0.25-0.26 level, which is a relative rally of 4%-8%.

Tim 0.2400 last VLKAY/SPY, SPY 193.89, VLKAY 46.53 last.