First Trust California Municipal High Income (FCAL) Enters Oversold Territory
April 03, 2024 at 11:05 AM EDT
In trading on Wednesday, shares of the First Trust California Municipal High Income ETF (FCAL) entered into oversold territory, changing hands as low as $49.25 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..