Shares of UBR Now Oversold
December 15, 2014 at 11:05 AM EST
In trading on Monday, shares of the ProShares Ultra MSCI Brazil Capped ETF (UBR) entered into oversold territory, changing hands as low as $25.05 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..