Shares of FXR Now Oversold
August 07, 2014 at 15:56 PM EDT
In trading on Thursday, shares of the First Trust Industrials/Producer Durables AlphaDEX Fund ETF (FXR) entered into oversold territory, changing hands as low as $28.86 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..