ProShares Ultra Dow30 Getting Very Oversold
May 31, 2019 at 15:58 PM EDT
In trading on Friday, shares of the ProShares Ultra Dow30 ETF (DDM) entered into oversold territory, changing hands as low as $42.4865 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..