Proshares UltraShort 20+ Year Treasury Getting Very Oversold
August 28, 2014 at 10:51 AM EDT
In trading on Thursday, shares of the Proshares UltraShort 20+ Year Treasury ETF (TBT) entered into oversold territory, changing hands as low as $53.97 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..