Shares of AIRR Now Oversold
July 24, 2015 at 10:52 AM EDT
In trading on Friday, shares of the First Trust RBA American Industrial Renaissance ETF (AIRR) entered into oversold territory, changing hands as low as $17.21 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..