FEP Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of the First Trust Europe AlphaDEX Fund ETF ( FEP) crossed below their 200 day moving average of $30.85, changing hands as low as $30.76 per share. First Trust Europe AlphaDEX Fund shares are currently trading off about 0.5% on the day. The chart below shows the one year performance of FEP shares, versus its 200 day moving average:

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First Trust Europe AlphaDEX Fund 200 Day Moving Average Chart

Looking at the chart above, FEP's low point in its 52 week range is $27.33 per share, with $35.35 as the 52 week high point — that compares with a last trade of $30.86.

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