Shares of SKYY Now Oversold
January 07, 2016 at 15:59 PM EST
In trading on Thursday, shares of the First Trust ISE Cloud Computing Index Fund ETF (SKYY) entered into oversold territory, changing hands as low as $28.1801 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..