Shares of FVI Now Oversold
February 04, 2014 at 10:53 AM EST
In trading on Tuesday, shares of the First Trust Value Line Equity Allocation Index Fund ETF (FVI) entered into oversold territory, changing hands as low as $24.0702 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.