PowerShares DB US Dollar Index Bearish Fund Getting Very Oversold
July 29, 2014 at 10:53 AM 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 $26.661 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..