FBND Crosses Critical Technical Indicator
December 04, 2020 at 10:54 AM EST
In trading on Friday, shares of the FBND ETF (FBND) entered into oversold territory, changing hands as low as $53.8363 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..