Proshares Short MidCap400 (MYY) Enters Oversold Territory
February 07, 2013 at 13:32 PM EST
In trading on Thursday, shares of the Proshares Short MidCap400 ETF (MYY) entered into oversold territory, changing hands as low as $23.33 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.