Shares of FNI Now Oversold
August 20, 2015 at 11:15 AM EDT
In trading on Thursday, shares of the First Trust ISE Chindia Index Fund ETF (FNI) entered into oversold territory, changing hands as low as $26.89 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..