First Trust Morningstar Dividend Leaders Index Fund Getting Very Oversold
August 04, 2014 at 11:10 AM EDT
In trading on Monday, shares of the First Trust Morningstar Dividend Leaders Index Fund ETF (FDL) entered into oversold territory, changing hands as low as $23.22 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..