FLCO Crosses Critical Technical Indicator
January 18, 2022 at 11:12 AM EST
In trading on Tuesday, shares of the FLCO ETF (FLCO) entered into oversold territory, changing hands as low as $25.07 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..