EFO Crowded With Sellers
June 14, 2016 at 15:48 PM EDT
In trading on Tuesday, shares of the ProShares Ultra MSCI EAFE ETF (EFO) entered into oversold territory, changing hands as low as $77.24 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..