Proshares UltraShort DJ-UBS Natural Gas Getting Very Oversold
October 01, 2012 at 12:03 PM EDT
In trading on Monday, shares of the Proshares UltraShort DJ-UBS Natural Gas ETF (KOLD) entered into oversold territory, changing hands as low as $20.00 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.