Shares of EDC Now Oversold
March 10, 2015 at 11:25 AM EDT
In trading on Tuesday, shares of the Daily Emerging Markets Bull 3x Shares ETF (EDC) entered into oversold territory, changing hands as low as $20.97 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..