Shares of FEMB Now Oversold
September 28, 2021 at 12:34 PM EDT
In trading on Tuesday, shares of the First Trust Emerging Markets Local Currency Bond ETF (FEMB) entered into oversold territory, changing hands as low as $32.82 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..