Shares of JNUG Now Oversold
August 03, 2015 at 11:04 AM EDT
In trading on Monday, shares of the Daily Junior Gold Miners Index Bull 3x Shares ETF (JNUG) entered into oversold territory, changing hands as low as $8.13 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..