FTCS Crowded With Sellers
August 28, 2013 at 11:00 AM EDT
In trading on Wednesday, shares of the First Trust Capital Strength ETF (FTCS) entered into oversold territory, changing hands as low as $29.54 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.