First Trust NASDAQ-100-Technology Sector Index Fund Getting Very Oversold
October 24, 2018 at 15:57 PM EDT
In trading on Wednesday, shares of the First Trust NASDAQ-100-Technology Sector Index Fund ETF (QTEC) entered into oversold territory, changing hands as low as $69.88 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..