First Trust Natural Gas Getting Very Oversold
February 28, 2017 at 15:56 PM EST
In trading on Tuesday, shares of the First Trust Natural Gas ETF (FCG) entered into oversold territory, changing hands as low as $24.25 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..