Proshares UltraShort MSCI Europe (EPV) Enters Oversold Territory
January 10, 2013 at 15:56 PM EST
In trading on Thursday, shares of the Proshares UltraShort MSCI Europe ETF (EPV) entered into oversold territory, changing hands as low as $24.9601 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.