First Trust Global Wind Energy Getting Very Oversold
March 03, 2021 at 10:54 AM EST
In trading on Wednesday, shares of the First Trust Global Wind Energy ETF (FAN) entered into oversold territory, changing hands as low as $21.30 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..