Proshares UltraShort SmallCap600 (SDD) Enters Oversold Territory
February 19, 2013 at 16:10 PM EST
In trading on Tuesday, shares of the Proshares UltraShort SmallCap600 ETF (SDD) entered into oversold territory, changing hands as low as $21.4301 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.