SIJ Crowded With Sellers
September 11, 2013 at 15:52 PM EDT
In trading on Wednesday, shares of the Proshares UltraShort Industrials ETF (SIJ) entered into oversold territory, changing hands as low as $17.06 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.