ProShares Short MSCI Emerging Markets Getting Very Oversold
March 04, 2016 at 10:52 AM EST
In trading on Friday, shares of the ProShares Short MSCI Emerging Markets ETF (EUM) entered into oversold territory, changing hands as low as $28.59 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..