Shares of SVXY Now Oversold
October 13, 2014 at 11:27 AM EDT
In trading on Monday, shares of the Proshares Short VIX Short-Term Futures ETF (SVXY) entered into oversold territory, changing hands as low as $60.60 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..