First Trust Low Duration Opportunities (LMBS) Enters Oversold Territory
September 23, 2021 at 11:36 AM EDT
In trading on Thursday, shares of the First Trust Low Duration Opportunities ETF (LMBS) entered into oversold territory, changing hands as low as $50.52 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..