Shares of EFZ Now Oversold
June 06, 2014 at 10:52 AM EDT
In trading on Friday, shares of the Proshares Short MSCI EAFE ETF (EFZ) entered into oversold territory, changing hands as low as $31.44 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..