Shares of TMF Now Oversold
August 19, 2013 at 11:57 AM EDT
In trading on Monday, shares of the Daily 20+ Year Treasury Bull 3X Shares ETF (TMF) entered into oversold territory, changing hands as low as $43.78 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.