FDL Crosses Critical Technical Indicator
May 31, 2019 at 10:54 AM EDT
In trading on Friday, shares of the First Trust Morningstar Dividend Leaders Index Fund ETF (FDL) entered into oversold territory, changing hands as low as $29.0299 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..