UDN Crosses Critical Technical Indicator
August 19, 2014 at 15:55 PM EDT
In trading on Tuesday, shares of the PowerShares DB US Dollar Index Bearish Fund ETF (UDN) entered into oversold territory, changing hands as low as $26.42 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..