FTXO Crosses Critical Technical Indicator
October 11, 2018 at 15:55 PM EDT
In trading on Thursday, shares of the First Trust Nasdaq Bank ETF (FTXO) entered into oversold territory, changing hands as low as $26.99 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..