EPV Crosses Critical Technical Indicator
December 12, 2012 at 12:48 PM EST
In trading on Wednesday, shares of the Proshares UltraShort MSCI Europe ETF (EPV) entered into oversold territory, changing hands as low as $27.36 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.