Shares of FIIG Now Oversold
October 29, 2024 at 11:10 AM EDT
In trading on Tuesday, shares of the First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) entered into oversold territory, changing hands as low as $20.712 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..
