SPXS Crowded With Sellers
March 18, 2016 at 11:11 AM EDT
In trading on Friday, shares of the Daily S&P 500 Bear 3x Shares ETF (SPXS) entered into oversold territory, changing hands as low as $15.69 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..