First Trust Industrials/Producer Durables AlphaDEX Fund Getting Very Oversold
December 17, 2014 at 11:13 AM EST
In trading on Wednesday, shares of the First Trust Industrials/Producer Durables AlphaDEX Fund ETF (FXR) entered into oversold territory, changing hands as low as $28.81 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..