FYC Crowded With Sellers
October 26, 2012 at 15:57 PM EDT
In trading on Friday, shares of the First Trust Small Cap Growth AlphaDEX Fund ETF (FYC) entered into oversold territory, changing hands as low as $20.5201 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.