Shares of GASX Now Oversold
March 14, 2013 at 16:10 PM EDT
In trading on Thursday, shares of the Daily Natural Gas Related Bear 3x Shares ETF (GASX) entered into oversold territory, changing hands as low as $11.66 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.