Shares of TECS Now Oversold
November 21, 2013 at 15:59 PM EST
In trading on Thursday, shares of the Daily Technology Bear 3X Shares ETF (TECS) entered into oversold territory, changing hands as low as $24.40 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.