Shares of TYD Now Oversold
July 05, 2013 at 11:07 AM EDT
In trading on Friday, shares of the Daily 7-10 Year Treasury Bull 3x Shares ETF (TYD) entered into oversold territory, changing hands as low as $35.97 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.