Proshares UltraShort Health Care (RXD) Enters Oversold Territory
October 30, 2014 at 15:54 PM EDT
In trading on Thursday, shares of the Proshares UltraShort Health Care ETF (RXD) entered into oversold territory, changing hands as low as $16.314 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..
