First Trust ISE Global Platinum Index Fund Getting Very Oversold
March 07, 2013 at 16:08 PM EST
In trading on Thursday, shares of the First Trust ISE Global Platinum Index Fund ETF (PLTM) entered into oversold territory, changing hands as low as $14.3501 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.