Shares of YANG Now Oversold
October 22, 2012 at 11:09 AM EDT
In trading on Monday, shares of the Daily China Bear 3x Shares ETF (YANG) entered into oversold territory, changing hands as low as $11.6582 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.