Shares of FAS Now Oversold
September 23, 2020 at 16:09 PM EDT
In trading on Wednesday, shares of the Daily Financial Bull 3X Shares ETF (FAS) entered into oversold territory, changing hands as low as $30.86 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..