UDN Crowded With Sellers
September 19, 2014 at 10:55 AM EDT
In trading on Friday, shares of the PowerShares DB US Dollar Index Bearish Fund ETF (UDN) entered into oversold territory, changing hands as low as $25.51 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..