FEMB Crowded With Sellers
March 30, 2021 at 10:57 AM EDT
In trading on Tuesday, shares of the First Trust Emerging Markets Local Currency Bond ETF (FEMB) entered into oversold territory, changing hands as low as $34 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..