FXL Crosses Critical Technical Indicator
February 08, 2016 at 10:59 AM EST
In trading on Monday, shares of the First Trust Technology AlphaDEX Fund ETF (FXL) entered into oversold territory, changing hands as low as $27.81 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..