Daily Gold Miners Index Bull 3X Shares Getting Very Oversold
September 04, 2018 at 11:04 AM EDT
In trading on Tuesday, shares of the Daily Gold Miners Index Bull 3X Shares ETF (NUGT) entered into oversold territory, changing hands as low as $12 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..