Proshares UltraShort Silver Getting Very Oversold
February 14, 2014 at 10:51 AM EST
In trading on Friday, shares of the Proshares UltraShort Silver ETF (ZSL) entered into oversold territory, changing hands as low as $74.00 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..