FRAK Crosses Critical Technical Indicator
August 03, 2015 at 11:00 AM EDT
In trading on Monday, shares of the Unconventional Oil & Gas ETF (FRAK) entered into oversold territory, changing hands as low as $17.05 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..