Shares of FBZ Now Oversold
November 08, 2013 at 11:00 AM EST
In trading on Friday, shares of the First Trust Brazil AlphaDEX Fund ETF (FBZ) entered into oversold territory, changing hands as low as $19.66 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.