Shares of PSQ Now Oversold
June 18, 2014 at 15:55 PM EDT
In trading on Wednesday, shares of the Proshares Short QQQ ETF (PSQ) entered into oversold territory, changing hands as low as $16.93 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..