Shares of FINZ Now Oversold
March 06, 2013 at 11:28 AM EST
In trading on Wednesday, shares of the Proshares UltraPro Short Financials ETF (FINZ) entered into oversold territory, changing hands as low as $13.73 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.