TMV Crowded With Sellers
October 23, 2013 at 12:45 PM EDT
In trading on Wednesday, shares of the Daily 20+ Year Treasury Bear 3X Shares ETF (TMV) entered into oversold territory, changing hands as low as $63.46 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.