Proshares UltraShort Bloomberg Natural Gas (KOLD) Enters Oversold Territory
November 06, 2014 at 15:52 PM EST
In trading on Thursday, shares of the Proshares UltraShort Bloomberg Natural Gas ETF (KOLD) entered into oversold territory, changing hands as low as $40.70 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..