FESM Crosses Critical Technical Indicator
December 23, 2024 at 11:27 AM EST
In trading on Monday, shares of the Fidelity Enhanced Small Cap ETF (FESM) entered into oversold territory, changing hands as low as $32.2302 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..