First Trust Utilities AlphaDEX Fund Getting Very Oversold
August 06, 2014 at 16:02 PM EDT
In trading on Wednesday, shares of the First Trust Utilities AlphaDEX Fund ETF (FXU) entered into oversold territory, changing hands as low as $21.96 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..