UPV Crosses Critical Technical Indicator
December 12, 2014 at 15:59 PM EST
In trading on Friday, shares of the ProShares Ultra FTSE Europe ETF (UPV) entered into oversold territory, changing hands as low as $42.56 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..