ProShares Ultra Oil & Gas (DIG) Enters Oversold Territory
January 14, 2015 at 10:58 AM EST
In trading on Wednesday, shares of the ProShares Ultra Oil & Gas ETF (DIG) entered into oversold territory, changing hands as low as $45.25 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..