TMV Crosses Critical Technical Indicator
April 05, 2013 at 11:32 AM EDT
In trading on Friday, shares of the Daily 20+ Year Treasury Bear 3X Shares ETF (TMV) entered into oversold territory, changing hands as low as $49.13 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.