Daily Technology Bear 3X Shares (TECS) Enters Oversold Territory
October 21, 2013 at 10:55 AM EDT
In trading on Monday, shares of the Daily Technology Bear 3X Shares ETF (TECS) entered into oversold territory, changing hands as low as $26.19 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.