FIXD Crowded With Sellers
October 11, 2021 at 17:45 PM EDT
In trading on Monday, shares of the First Trust TCW Opportunistic Fixed Income ETF (FIXD) entered into oversold territory, changing hands as low as $53.09 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..