Proshares UltraShort Semiconductors (SSG) Enters Oversold Territory
March 25, 2014 at 11:20 AM EDT
In trading on Tuesday, shares of the Proshares UltraShort Semiconductors ETF (SSG) entered into oversold territory, changing hands as low as $17.03 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..