FGD Crowded With Sellers
June 21, 2018 at 11:16 AM EDT
In trading on Thursday, shares of the First Trust Dow Jones Global Select Dividend Index Fund ETF (FGD) entered into oversold territory, changing hands as low as $24.86 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..