Shares of FCAN Now Oversold
December 04, 2013 at 10:51 AM EST
In trading on Wednesday, shares of the First Trust Canada AlphaDEX Fund ETF (FCAN) entered into oversold territory, changing hands as low as $35.365 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.