HYLS Crosses Critical Technical Indicator
November 24, 2015 at 10:58 AM EST
In trading on Tuesday, shares of the First Trust Tactical High Yield ETF (HYLS) entered into oversold territory, changing hands as low as $47.47 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..