FXU Crowded With Sellers
August 26, 2016 at 16:02 PM EDT
In trading on Friday, shares of the First Trust Utilities AlphaDEX Fund ETF (FXU) entered into oversold territory, changing hands as low as $25.90 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..