Shares of FRDM Now Oversold
July 05, 2022 at 10:58 AM EDT
In trading on Tuesday, shares of the FRDM ETF (FRDM) entered into oversold territory, changing hands as low as $26.61 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..