Shares of FMAT Now Oversold
January 31, 2020 at 16:07 PM EST
In trading on Friday, shares of the FMAT ETF (FMAT) entered into oversold territory, changing hands as low as $32.06 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..