First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) Enters Oversold Territory
August 27, 2013 at 11:05 AM EDT
In trading on Tuesday, shares of the First Trust Emerging Markets Small Cap AlphaDEX Fund ETF (FEMS) entered into oversold territory, changing hands as low as $31.15 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.