FDHY Getting Very Oversold
May 18, 2022 at 10:55 AM EDT
In trading on Wednesday, shares of the FDHY ETF (FDHY) entered into oversold territory, changing hands as low as $47.29 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..