Proshares RAFI Long/Short (RALS) Enters Oversold Territory
July 01, 2014 at 15:52 PM EDT
In trading on Tuesday, shares of the Proshares RAFI Long/Short ETF (RALS) entered into oversold territory, changing hands as low as $42.3699 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..