SAGG Crowded With Sellers
May 28, 2014 at 11:10 AM EDT
In trading on Wednesday, shares of the Daily Total Bond Market Bear 1x Shares ETF (SAGG) entered into oversold territory, changing hands as low as $34.34 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..