FXO Getting Very Oversold
September 26, 2022 at 10:51 AM EDT
In trading on Monday, shares of the FXO ETF (FXO) entered into oversold territory, changing hands as low as $37.48 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..