ProShares ProShares Ultra Gold (UGL) Enters Oversold Territory
September 23, 2020 at 10:55 AM EDT
In trading on Wednesday, shares of the ProShares ProShares Ultra Gold ETF (UGL) entered into oversold territory, changing hands as low as $67.02 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..