Shares of PST Now Oversold
April 04, 2013 at 12:45 PM EDT
In trading on Thursday, shares of the Proshares UltraShort 7-10 Year Treasury ETF (PST) entered into oversold territory, changing hands as low as $26.934 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.