JNUG Crowded With Sellers
July 01, 2015 at 10:56 AM EDT
In trading on Wednesday, shares of the Daily Junior Gold Miners Index Bull 3x Shares ETF (JNUG) entered into oversold territory, changing hands as low as $17.91 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..