First Trust Dow Jones Internet Index Fund Getting Very Oversold
April 04, 2014 at 15:50 PM EDT
In trading on Friday, shares of the First Trust Dow Jones Internet Index Fund ETF (FDN) entered into oversold territory, changing hands as low as $56.34 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..