UWM Crowded With Sellers
August 07, 2015 at 10:58 AM EDT
In trading on Friday, shares of the ProShares Ultra Russell2000 ETF (UWM) entered into oversold territory, changing hands as low as $89.982 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..