Shares of FGM Now Oversold
July 28, 2014 at 11:03 AM EDT
In trading on Monday, shares of the First Trust Germany AlphaDEX Fund ETF (FGM) entered into oversold territory, changing hands as low as $39.27 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..