Shares of FVD Now Oversold
September 24, 2020 at 11:06 AM EDT
In trading on Thursday, shares of the First Trust Value Line Dividend Index Fund ETF (FVD) entered into oversold territory, changing hands as low as $30.35 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..