Daily Energy Bull 3x Shares (ERX) Enters Oversold Territory
July 01, 2015 at 15:57 PM EDT
In trading on Wednesday, shares of the Daily Energy Bull 3x Shares ETF (ERX) entered into oversold territory, changing hands as low as $47.73 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..