First Trust Taiwan AlphaDEX Fund Getting Very Oversold
October 17, 2014 at 15:57 PM EDT
In trading on Friday, shares of the First Trust Taiwan AlphaDEX Fund ETF (FTW) entered into oversold territory, changing hands as low as $33.39 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..