First Trust Municipal High Income (FMHI) Enters Oversold Territory
May 23, 2023 at 15:50 PM EDT
In trading on Tuesday, shares of the First Trust Municipal High Income ETF (FMHI) entered into oversold territory, changing hands as low as $46.1701 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..