Proshares Short 7-10 Year Treasury Getting Very Oversold
December 06, 2012 at 15:47 PM EST
In trading on Thursday, shares of the Proshares Short 7-10 Year Treasury ETF (TBX) entered into oversold territory, changing hands as low as $31.89 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.