Proshares Ultra FTSE Europe (UPV) Enters Oversold Territory
August 01, 2014 at 15:53 PM EDT
In trading on Friday, shares of the Proshares Ultra FTSE Europe ETF (UPV) entered into oversold territory, changing hands as low as $50.00 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..