FXZ Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of the First Trust Materials AlphaDEX Fund ETF ( FXZ) crossed below their 200 day moving average of $32.95, changing hands as low as $32.89 per share. First Trust Materials AlphaDEX Fund shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of FXZ shares, versus its 200 day moving average:

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First Trust Materials AlphaDEX Fund 200 Day Moving Average Chart

Looking at the chart above, FXZ's low point in its 52 week range is $28.38 per share, with $34.52 as the 52 week high point — that compares with a last trade of $32.93.

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