FAAR Crosses Critical Technical Indicator
December 05, 2022 at 16:21 PM EST
In trading on Monday, shares of the First Trust Alternative Absolute Return Strategy ETF (FAAR) entered into oversold territory, changing hands as low as $30.5201 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..