FNDA Getting Very Oversold
May 31, 2019 at 11:05 AM EDT
In trading on Friday, shares of the FNDA ETF (FNDA) entered into oversold territory, changing hands as low as $35.29 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..