First Trust Global Tactical Commodity Strategy Fund Getting Very Oversold
June 03, 2014 at 15:53 PM EDT
In trading on Tuesday, shares of the First Trust Global Tactical Commodity Strategy Fund ETF (FTGC) entered into oversold territory, changing hands as low as $33.15 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..