First Trust Long Duration Opportunities Getting Very Oversold
November 05, 2024 at 11:11 AM EST
In trading on Tuesday, shares of the First Trust Long Duration Opportunities ETF (LGOV) entered into oversold territory, changing hands as low as $21.19 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..
