VIXY Crowded With Sellers
December 24, 2013 at 11:55 AM EST
In trading on Tuesday, shares of the Proshares VIX Short-Term Futures ETF (VIXY) entered into oversold territory, changing hands as low as $28.17 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.