First Trust Low Duration Opportunities Getting Very Oversold
December 21, 2017 at 11:06 AM EST
In trading on Thursday, shares of the First Trust Low Duration Opportunities ETF (LMBS) entered into oversold territory, changing hands as low as $51.58 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..