First Trust Technology AlphaDEX Fund Getting Very Oversold
December 24, 2018 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 $48.15 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..