INDL Crowded With Sellers
June 19, 2013 at 15:49 PM EDT
In trading on Wednesday, shares of the Daily India Bull 3x Shares ETF (INDL) entered into oversold territory, changing hands as low as $13.40 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.