VIXY Crosses Critical Technical Indicator
April 15, 2015 at 10:49 AM EDT
In trading on Wednesday, shares of the ProShares VIX Short-Term Futures ETF (VIXY) entered into oversold territory, changing hands as low as $14.50 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..