Shares of TWM Now Oversold
October 18, 2013 at 16:09 PM EDT
In trading on Friday, shares of the Proshares UltraShort Russell2000 ETF (TWM) entered into oversold territory, changing hands as low as $13.38 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.