First Trust Brazil AlphaDEX Fund (FBZ) Enters Oversold Territory
July 02, 2013 at 15:53 PM EDT
In trading on Tuesday, shares of the First Trust Brazil AlphaDEX Fund ETF (FBZ) entered into oversold territory, changing hands as low as $18.59 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.