Shares of HYLS Now Oversold
July 21, 2014 at 11:31 AM EDT
In trading on Monday, shares of the First Trust Tactical High Yield ETF (HYLS) entered into oversold territory, changing hands as low as $52.20 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..