First Trust Managed Municipal Getting Very Oversold
February 01, 2018 at 15:56 PM EST
In trading on Thursday, shares of the First Trust Managed Municipal ETF (FMB) entered into oversold territory, changing hands as low as $52.7101 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..