Shares of FTXO Now Oversold
June 26, 2018 at 10:59 AM EDT
In trading on Tuesday, shares of the First Trust Nasdaq Bank ETF (FTXO) entered into oversold territory, changing hands as low as $28.85 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..