First Trust Global Wind Energy (FAN) Enters Oversold Territory
December 03, 2021 at 11:03 AM EST
In trading on Friday, shares of the First Trust Global Wind Energy ETF (FAN) entered into oversold territory, changing hands as low as $19.63 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..