Shares of SPXL Now Oversold
December 19, 2018 at 15:58 PM EST
In trading on Wednesday, shares of the Daily S&P 500 Bull 3X Shares ETF (SPXL) entered into oversold territory, changing hands as low as $32.69 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..