Daily Financial Bear 3x Shares (FAZ) Enters Oversold Territory
March 15, 2013 at 16:33 PM EDT
In trading on Friday, shares of the Daily Financial Bear 3x Shares ETF (FAZ) entered into oversold territory, changing hands as low as $10.30 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.