ProShares Ultra Technology Getting Very Oversold
June 03, 2019 at 11:08 AM EDT
In trading on Monday, shares of the ProShares Ultra Technology ETF (ROM) entered into oversold territory, changing hands as low as $98.4515 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..