SVXY Crosses Critical Technical Indicator
December 12, 2014 at 16:00 PM EST
In trading on Friday, shares of the ProShares Short VIX Short-Term Futures ETF (SVXY) entered into oversold territory, changing hands as low as $59.14 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..