FMAT Crosses Critical Technical Indicator
June 18, 2021 at 11:00 AM EDT
In trading on Friday, shares of the FMAT ETF (FMAT) entered into oversold territory, changing hands as low as $45.2126 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..