Proshares Short High Yield (SJB) Enters Oversold Territory
February 28, 2014 at 11:01 AM EST
In trading on Friday, shares of the Proshares Short High Yield ETF (SJB) entered into oversold territory, changing hands as low as $28.49 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..