Shares of FPEI Now Oversold
January 28, 2022 at 11:01 AM EST
In trading on Friday, shares of the First Trust Institutional Preferred Securities and Income ETF (FPEI) entered into oversold territory, changing hands as low as $20.075 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..