First Trust ISE Cloud Computing Index Fund Getting Very Oversold
October 13, 2014 at 11:26 AM EDT
In trading on Monday, shares of the First Trust ISE Cloud Computing Index Fund ETF (SKYY) entered into oversold territory, changing hands as low as $25.6814 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..